California Legal Codes and Statutes

§ 11418.3

Added by Stats. 2025, Ch. 786, Sec. 59. (SB 774) Effective January 1, 2026. Repealed as of January 1, 2030, pursuant to Section 11420.

If, at any time, the money deposited in the Recovery Account is insufficient to satisfy any authorized claim or portion thereof, the bureau shall, when sufficient money has been deposited in the Recovery Account, satisfy the unpaid claims or portions thereof, in the order that the claims were approved, plus accumulated interest at the rate of 4 percent a year.

Cite this section

Cal. Bus. & Prof. Code § 11418.3 (2026)
https://ca.codecond.com/codes/bpc/division-4-real-estate/part-3-licensing-and-certification-of-real-estate-appraisers/chapter-8-real-estate-appraisers-regulation-fund/section-11418.3

Other sections in Chapter 8 - Real Estate Appraisers Regulation Fund

§ 11410§ 11411§ 11411.5§ 11412§ 11412.2§ 11413§ 11413.1§ 11413.2§ 11413.3§ 11413.4…§ 11418§ 11418.1§ 11418.2§ 11418.3§ 11418.4§ 11419§ 11419.1§ 11419.2§ 11419.3§ 11420

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