California § 10470.1 - In addition to the amount paid into the Consumer Recovery Account as set forth in
Full text of California Public Contract Code - PCC § 10470.1 — In addition to the amount paid into the Consumer Recovery Account as set forth in, with citation guidance and answers to common questions.
§ 10470.1. In addition to the amount paid into the Consumer Recovery Account as set forth in
(a) In addition to the amount paid into the Consumer Recovery Account as set forth in Section 10450.6, the Real Estate Commissioner may authorize the transfer from the Real Estate Fund to the Consumer Recovery Account of any amounts as are deemed necessary. (b) If the balance remaining in the Consumer Recovery Account contains more than four hundred thousand dollars ($400,000), the commissioner may authorize the transfer of all or part of the surplus amount into the Real Estate Fund. (c) The commissioner may authorize the return to the Consumer Recovery Account of all or any amount previously transferred to the Real Estate Fund under this section.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 10470.1
What does Public Contract Code - PCC § 10470.1 cover?
Section 10470.1 ("In addition to the amount paid into the Consumer Recovery Account as set forth in") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 10470.1?
A common citation format is "Public Contract Code - PCC § 10470.1" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 10470.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.