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Earlier editions: 2020-112018-11

DIVISION 4. REAL ESTATE 10000-11506›PART 1. LICENSING OF PERSONS 10000-10580›CHAPTER 6.5. Real Estate Recovery Program 10470-10481

§ 10479

California Business and Professions Code · 2026 edition · updated 2026-10-04 · California

When, the commissioner has paid from the Consumer Recovery Account any sum to the judgment creditor, the commissioner shall be subrogated to all of the rights of the judgment creditor and the judgment creditor shall assign all of his or her right, title, and interest in the judgment to the commissioner and any amount and interest so recovered by the commissioner on the judgment shall be deposited to the Consumer Recovery Account.

(Amended by Stats. 2011, Ch. 712, Sec. 31. (SB 706) Effective January 1, 2012.)

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