Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 10479 — Real Estate Recovery Program

Cal. Bus. & Prof. Code § 10479

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

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…

Citator

Cal. Bus. & Prof. Code § 10479 — Real Estate Recovery Program is in force in the current edition of the Code, and nothing recorded condemns it.

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.