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California Civil Code Section 9450

Legal Research Home > California Laws > Civil Code > California Civil Code Section 9450

9450.  If funds withheld pursuant to a stop payment notice are
insufficient to pay in full the claims of all persons who have given
a stop payment notice, the funds shall be distributed among the
claimants in the ratio that the claim of each bears to the aggregate
of all claims for which a stop payment notice is given, without
regard to the order in which the notices were given or enforcement
actions were commenced.

Section: 9450  9452  9454  9456  Next

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Last modified: March 17, 2014