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California Corporations Code

§ 2293

CORP § 2293 Effective Jan 1, 2013Div. 1 · Title 1 · Ch. 22.5

Statute text

View on leginfo.ca.gov
When the Secretary of State has paid from the fund any sum to the claimant, the Secretary of State shall be subrogated to all of the rights of the claimant and the claimant shall assign all of his or her right, title, and interest in the judgment to the Secretary of State and any amount and interest so recovered by the Secretary of State on the judgment shall be deposited in the fund.

Legislative history

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

Source: California Corporations Code § 2293 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.