37-51-511. Subrogation rights of board. Upon payment of money from the account, the board is subrogated to all of the rights of the judgment creditor to the extent of the amount paid and the judgment creditor is considered to have assigned to the board all of the creditor's right, title, and interest in the judgment to the extent of the amount paid from the account. Any amount and interest recovered by the board on the judgment must be deposited in the account.

     History: En. Sec. 13, Ch. 688, L. 1985; amd. Sec. 1413, Ch. 56, L. 2009.