California Business and Professions Code

§ 10479

BPC § 10479 Effective Jan 1, 2012Div. 4 · Part 1 · Ch. 6.5

Statute text

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.

Legislative history

Amended by Stats. 2011, Ch. 712, Sec. 31. (SB 706) Effective January 1, 2012.