Maximum liability of fund for acts of one licensee.

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36-21A-112. Maximum liability of fund for acts of one licensee.

The liability of the fund for the acts of a licensee, when acting as such and occurring before the date of the court order entered pursuant to §§36-21A-101 to 36-21A-115, inclusive, is terminated whenever such order authorizes payments from the fund for judgments or unsatisfied portions thereof, in an aggregate amount of fifteen thousand dollars on behalf of such licensee.

Source: SL 1992, ch 273, §112.


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