Statute · California Corporations Code
Cal. Corp. Code § 2280 — Victims of Corporate Fraud Compensation Fund
Cal. Corp. Code § 2280
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2013-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Corp. Code § 2280 — Victims of Corporate Fraud Compensation Fund is in force in the current edition of the Code, and nothing recorded condemns it.
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.