California Vehicle Code

§ 12210

VEH § 12210 Effective Jan 1, 2008Div. 5 · Ch. 11

Statute text

After the recovery corporation pays or rejects a claim, all of the following apply:

(a)Immediately upon payment, the recovery corporation shall be subrogated to all of the consumer’s rights against the dealer or lessor-retailer to the extent of the amount of the payment.

(b)The recovery corporation may bring an action to recover the amount of the payment plus interest at the rate of 10 percent per annum and shall be entitled to recover costs and reasonable attorney’s fees.

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Legislative history

Added by Stats. 2007, Ch. 437, Sec. 6. Effective January 1, 2008.