California Statutes

§ 12215. — 12215. (Added by Stats. 2007, Ch. 437, Sec. 6.)

California § 12215.
JurisdictionCalifornia
Code VEHVehicle Code - VEH
Div. 5.DIVISION 5. OCCUPATIONAL LICENSING AND BUSINESS REGULATIONS
Ch. 11.CHAPTER 11. Consumer Recovery Fund

This text of California § 12215. (12215. (Added by Stats. 2007, Ch. 437, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Vehicle Code - VEH Code § 12215. (2026).

Text

If the recovery corporation is dissolved or ceases to exist, or if the Attorney General or his or her representative makes a determination, pursuant to Section 12214, that the recovery corporation has failed or ceased to operate, all outstanding debts, obligations of the recovery corporation, and amounts due for services rendered shall first be paid from the remaining assets, including the recovery fund. The assets remaining, after settling those liabilities, shall be distributed to the participants, less the costs of that distribution.

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Legislative History

Added by Stats. 2007, Ch. 437, Sec. 6. Effective January 1, 2008.
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California § 12215., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/VEH/12215..