Cal. Bus. & Prof. Code § 7086.8

Current through the 2023 Legislative Session.
Section 7086.8 - [Effective until 6/30/2024] Amount of restitution
(a) If the registrar or their designee determines that a consumer is eligible for restitution pursuant to this article, the amount paid to a consumer shall not exceed forty thousand dollars ($40,000).
(b) If the registrar or their designee has determined that the injured person has recovered a portion of their loss from sources other than the program at the time they claim eligibility, the board shall deduct the amount recovered from the other sources from the amount payable upon the consumer's claim and direct the difference to be paid.
(c) Subject to appropriation by the Legislature, the board may expend up to one million dollars ($1,000,000) from the moneys appropriated to the program to employ or contract with persons as necessary for the performance of the duties required to administer this article.

Ca. Bus. and Prof. Code § 7086.8

Added by Stats 2021 ch 77 (AB 137),s 1, eff. 7/16/2021.