Statute · California Financial Code

Cal. Fin. Code § 51005 — EXCHANGE FACILITATORS

Cal. Fin. Code § 51005

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2010-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Any person claiming to have sustained damage by reason of the failure of a person engaging in business as an exchange facilitator to comply with this division may file a claim on the bonds, deposits, or letters of credit described in Section 51003 to recover the damages subject to the terms and…

Citator

Cal. Fin. Code § 51005 — EXCHANGE FACILITATORS is in force in the current edition of the Code, and nothing recorded condemns it.

Any person claiming to have sustained damage by reason of the failure of a person engaging in business as an exchange facilitator to comply with this division may file a claim on the bonds, deposits, or letters of credit described in Section 51003 to recover the damages subject to the terms and conditions of the bonds, deposits, or letters of credit. The amounts of the bonds, deposits, or letters of credit shall be reduced to the extent of any payment made.