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§ 22500. Definitions.

2 CA ADC § 22500Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 2. Administration
Division 7. Secretary of State
Chapter 12. Victims of Corporate Fraud Compensation Fund
2 CCR § 22500
§ 22500. Definitions.
Currentness
As used in this Chapter:
(a) “Victims of Corporate Fraud Compensation Fund” means the separate account in the State Treasury established pursuant to Corporations Code section 2280 for purposes of carrying out the provisions of that Chapter.
(b) “Party” means either the claimant, the judgment debtor, or the Secretary of State.
(c) “Judgment debtor” means a corporation against which a judgment, arbitration award, or criminal restitution order has been entered for conduct constituting intentional fraud.
(d) Where appropriate to the context the singular number includes the plural and the plural number includes the singular.

Credits

Note: Authority cited: Section 2280, Corporations Code. Reference: Sections 2280 and 2281, Corporations Code.
History
1. New chapter 12 (sections 22500-22519) and section filed 3-9-2004; operative 3-9-2004 pursuant to Government Code section 11343.4 (Register 2004, No. 11).
2. Amendment of section and Note filed 1-2-2013; operative 1-2-2013 pursuant to Government Code section 11343.4 (Register 2013, No. 1).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 2, § 22500, 2 CA ADC § 22500
End of Document