California § 51005. 51005. (Amended by Stats. 2009, Ch. 568, Sec. 5.)

California Statutes

§ 51005. — 51005. (Amended by Stats. 2009, Ch. 568, Sec. 5.)

California·Code FIN Financial Code - FIN·Div. 20.5. DIVISION 20.5. EXCHANGE FACILITATORS

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.

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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.

California § 51005. (51005. (Amended by Stats. 2009, Ch. 568, Sec. 5.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2009, Ch. 568, Sec. 5. (SB 204) Effective January 1, 2010.

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