32-1134.02. Insufficiency of fund
85 words·~1 min read·
/az/title-32/32-1134-02A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If at any time the monies deposited in the residential contractors' recovery fund are insufficient to satisfy any duly authorized claim or portion thereof, the registrar shall, when sufficient monies have been deposited in the residential contractors' recovery fund, satisfy any unpaid claims or portion of unpaid claims with priority for payment based on either:
1. The time of filing a certified copy of the court order with the registrar.
2. The date of the administrative order directing payment from the residential contractors' recovery fund.