California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 1 — Licensing of PersonsChapter 6.5 — Real Estate Recovery ProgramSection 10479
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.
Notes
Requires, after the commissioner pays a judgment creditor from the Consumer Recovery Account, that the commissioner be subrogated to all rights of the creditor and that the creditor assign all right, title, and interest in the judgment to the commissioner. Any amount and interest the commissioner recovers on that judgment must be deposited into the Consumer Recovery Account.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10479 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-6-5/section-10479