recovery fund

recovery fund

A fund maintained by many state real estate commissions to assist in compensating victims who have suffered as a result of a breach of a real estate agent's or broker's responsibilities but were unable to recover because there was no insurance and no discoverable assets.The fund is typically maintained by dues from agents and brokers.

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As other celebrities opted to donate money to the Red Cross Harvey Fund, Leo chose the lesser known United Way Harvey Recovery Fund, which will allocate the entire amount for victims of the tropical storm.
It was reported that United Way Worldwide has announced the United Way Harvey Recovery Fund that "will distribute 100 per cent of donations for recovery in the affected areas, community by community, in the months and years ahead.
The Arkansas Community Foundation on Tuesday announced its Disaster Recovery Fund has been activated in the wake of historic flooding in northeast Arkansas, and the nonprofit has already contributed $10,000 to it.
The applications have been received by the Leeds City Region Business Recovery Fund and are being processed, with 90% having been approved and PS580,000 allocated to specific businesses so far.
THE NFU has welcomed news that North East farmers are to be given access to the Government's Farming Recovery Fund in the wake of the Boxing Day floods.
The Global Recovery Fund will mirror the approach of its two-year-old ISF Global Recovery and its Recovery Fund to focus on global equities with recovery characteristics.
Global Banking News-November 5, 2015--Schroders announces launch of Global Recovery Fund
Mr Eustice said the PS10million Farming Recovery Fund, which will open on Friday, would support with uninsured losses to help get farms back into production again.
DSRSG Toby Lanzer addresses authorities during a workshop held by the South Sudan Recovery Fund in Unity state on 29 August 2013 (ST)
eth]On relation to a $60 million equity capital injection from newly-created Third Point Hellenic Recovery Fund Axia Ventures Group, ("AVG") has acted as the exclusive financial advisor to Energean Oil & Gas (''Energean'') with respect to Third Point Hellenic Recovery Fund's entry into the share capital of Energean through an equity capital injection of $60 million.
The Third Point Hellenic Recovery Fund will gradually release funds when investment opportunities arise.
Steve Beshear signed into law House Bill 120, which created a new appraisal management company recovery fund to replace its current surety bond requirement.
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