2705. REAL ESTATE GUARANTY AND EDUCATION FUND PAYMENT TO APPLICANTS

2705 REAL ESTATE GUARANTY AND EDUCATION FUND PAYMENT TO APPLICANTS 2705.1 The Department shall make a payment from the Fund to an applicant for payment within sixty (60) days after an order is signed by the Board; provided, that sufficient money is on deposit in the Fund. 2705.2 For purposes of this section, "sufficient fund" means the amount of money necessary to satisfy a duly authorized claim. 2705.3 A duly authorized claim that remains unsatisfied due to insufficient money or deposit in the Fund shall accumulate interest at the rate of four percent (4%) per annum. SOURCE: Final Rulemaking published at 52 DCR 6998 (July 29, 2005).