California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 6 — Works of Improvement, Title 3 — Public Work of Improvement, Chapter 4 — Stop Payment Notice, Article 3 — Distribution of Funds Withheld, Section 9450
If funds withheld pursuant to a stop payment notice are insufficient to pay in full the claims of all persons who have given a stop payment notice, the funds shall be distributed among the claimants in the ratio that the claim of each bears to the aggregate of all claims for which a stop payment notice is given, without regard to the order in which the notices were given or enforcement actions were commenced.
Notes
Requires insufficient funds withheld under stop payment notices to be distributed among claimants proportionally according to each claim’s ratio to the aggregate covered claims. Bars priority based on the order in which stop payment notices were given or enforcement actions were started.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 9450 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-6/title-3/chapter-4/article-3/section-9450