Cal. R. app. B
Formula
Pursuant to Civil Code section 1714.1, the joint and several liability limit of a parent or guardian having custody and control of a minor under subdivisions (a) and (b) for each tort of the minor shall be computed and adjusted as follows:
| Adjusted Limit = | [ | Current CCPI - January 1, 1995, CCPI | +1 | ] | x | January 1, 1995, |
| January 1, 1995, CCPI | limit |
Definition
"CCPI" means the California Consumer Price Index, as established by the California Department of Industrial Relations.
July 1, 2023, calculation and adjustment
The joint and several liability of a parent or guardian having custody and control of a minor under Civil Code section 1714.1, subdivision (a) or (b), effective July 1, 2023, shall not exceed $52,700 for each tort.
The calculation is as follows:
| $$52,677.23 = | [ | 319.224 - 151.5 | + 1 | ] | x | $25,000.00 |
| 151.5 |
Under section 1714.1, subdivision (c), the adjusted limit is rounded to the nearest hundred dollars, so the dollar amount of the adjusted limit is rounded to $52,700.
Cal. R. Ct. App B