Statute · California Civil Code
Cal. Civ. Code § 9450 — Distribution of Funds Withheld
Cal. Civ. Code § 9450
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Date
- 2011-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Civ. Code § 9450 — Distribution of Funds Withheld is in force in the current edition of the Code, and nothing recorded condemns it.
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.