What must consumers do to receive funds from the recovery fund?

To receive funds from the recovery fund, consumers are required to complete a payment application. This process is essential as it ensures that claims are formally documented and verified before funds can be disbursed. The application typically includes necessary details about the claim and any evidence required to substantiate the request.

Completing the payment application is a critical step that allows the governing body to assess the merit of the claim, ensuring that funds are allocated appropriately and that all necessary information is reviewed. It helps maintain accountability and safeguards against potential misuse of the fund. In essence, this requirement protects both consumers and the fund's integrity by fostering a structured claims process.