Cal. Code Regs. tit. 2 § 22500

Current through Register 2024 Notice Reg. No. 44, November 1, 2024

Section 22500 - Definitions

As used in this Chapter:

(a) "Victims of Corporate Fraud Compensation Fund" means the separate account in the State Treasury established pursuant to Corporations Code section 2280 for purposes of carrying out the provisions of that Chapter.

(b) "Party" means either the claimant, the judgment debtor, or the Secretary of State.

(c) "Judgment debtor" means a corporation against which a judgment, arbitration award, or criminal restitution order has been entered for conduct constituting intentional fraud.

(d) Where appropriate to the context the singular number includes the plural and the plural number includes the singular.

Cal. Code Regs. Tit. 2, § 22500

1. New chapter 12 (sections 22500-22519) and section filed 3-9-2004; operative 3-9-2004 pursuant to Government Code section 11343.4 (Register 2004, No. 11).
2. Amendment of section and NOTE filed 1-2-2013; operative 1-2-2013 pursuant to Government Code section 11343.4 (Register 2013, No. 1).

Note: Authority cited: Section 2280, Corporations Code. Reference: Sections 2280 and 2281, Corporations Code.

1. New chapter 12 (sections 22500-22519) and section filed 3-9-2004; operative 3-9-2004 pursuant to Government Code section 11343.4 (Register 2004, No. 11).
2. Amendment of section and Note filed 1-2-2013; operative 1-2-2013 pursuant to Government Code section 11343.4 (Register 2013, No. 1).