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California Corporations Code

§ 2280

CORP § 2280 Effective Jan 1, 2013Div. 1 · Title 1 · Ch. 22.5

Statute text

View on leginfo.ca.gov
The Victims of Corporate Fraud Compensation Fund is hereby established in the State Treasury. The fund shall be administered by the Secretary of State for the sole purpose of providing restitution to the victims of a corporate fraud. The Secretary of State shall adopt regulations in furtherance of the administration of this chapter. Notwithstanding Section 13340 of the Government Code, the money in the fund is continuously appropriated to the Secretary of State for the purposes authorized by this chapter.

Legislative history

Added by Stats. 2012, Ch. 564, Sec. 4. (SB 1058) Effective January 1, 2013.

Source: California Corporations Code § 2280 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.