§ 61-2f-509. Insufficient funds to satisfy judgments -- Procedure and interest.

Latest version.

If money deposited in the fund and allotted for satisfying a final judgment against a real estate licensee is insufficient to satisfy an order issued in accordance with Section 61-2f-508, when sufficient money is deposited in the fund, the division shall:

(1) satisfy the unpaid claims in the order that the unpaid claims are originally filed; and

(2) pay with the claim accumulated interest at the rate of 8% per annum.

Renumbered and Amended by Chapter 379, 2010 General Session

                    
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