California Financial Code

§ 17310

FIN § 17310 Effective Jan 1, 2007Div. 6 · Ch. 2.5 · Art. 2

Statute text

(a)It shall be the purpose of Fidelity Corporation to indemnify a member within the State of California against loss, subject to the limitations set forth in this chapter.

(b)Fidelity Corporation shall not be liable for any consequential damages sustained by a member, or by any other person, nor for any punitive damages whatsoever.

(c)The indemnification shall be provided by any of the following:

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Legislative history

Amended by Stats. 2006, Ch. 376, Sec. 1. Effective January 1, 2007.