California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 3 — Licensing and Certification of Real Estate Appraisers, Chapter 8 — Real Estate Appraisers Regulation Fund, Section 11418.3
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.
Notes
Requires the bureau, when the Recovery Account lacks enough money to pay an authorized claim or portion, to satisfy unpaid amounts once sufficient money is deposited. Payments must be made in the order claims were approved and include accumulated interest at 4 percent per year while the authorized amount remains unpaid.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 11418.3 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-3/chapter-8/section-11418-3