Statute · California Labor Code

Cal. Lab. Code § 5102 — Lump Sum Payments

Cal. Lab. Code § 5102

Type
Statute
Source
California Labor Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The appeals board may order the lump sum paid directly to the injured employee or his dependents, or deposited with any savings bank or trust company authorized to transact business in this state, which agrees to accept the same as a deposit bearing interest; or the appeals board may order the…

Citator

Cal. Lab. Code § 5102 — Lump Sum Payments is in force in the current edition of the Code, and nothing recorded condemns it.

The appeals board may order the lump sum paid directly to the injured employee or his dependents, or deposited with any savings bank or trust company authorized to transact business in this state, which agrees to accept the same as a deposit bearing interest; or the appeals board may order the lump sum deposited with the State Compensation Insurance Fund. Any lump sum so deposited, together with all interest derived therefrom, shall thereafter be held in trust for the injured employee, or in the event of his death, for his dependents. In the event of the employee’s death, his dependents shall have no further recourse against the employer under this chapter.