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Under B&P Code Section 7071.17, what is the maximum amount that can be awarded from the Contractors' State License Fund for a single claim?

Correct Answer

A) $12,500

The Contractors' State License Fund has a maximum payout of $12,500 per individual claim as specified in B&P Code Section 7071.17.

Answer Options
A
$12,500
B
$25,000
C
$50,000
D
$15,000

Why This Is the Correct Answer

The Contractors' State License Fund has a maximum payout of $12,500 per individual claim as specified in B&P Code Section 7071.17.

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