The Secretary of State shall not make any award to a claimant from the fund if the claimant has received payment from any other restitution funds or for the portions of the judgment that the claimant has collected from the corporation or its agent or any other defendant in the underlying judgment.
Cal. Corp. Code § 2294
Victims of Corporate Fraud Compensation Fund
Known as the General Corporation Law
The act spans §§ 100 to 2319 (398 sections).
Amended by Stats. 2016, Ch. 390, Sec. 9
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.