California § 5106. 5106. (Amended by Stats. 1987, Ch. 202, Sec. 3.)

California Statutes

§ 5106. — 5106. (Amended by Stats. 1987, Ch. 202, Sec. 3.)

California § 5106.

JurisdictionCalifornia

Code LABLabor Code - LAB

Div. 4.DIVISION 4. WORKERS' COMPENSATION AND INSURANCE

Part 3.PART 3. COMPENSATION CLAIMS

Ch. 3.CHAPTER 3. Lump Sum Payments

This text of California § 5106. (5106. (Amended by Stats. 1987, Ch. 202, Sec. 3.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Labor Code - LAB Code § 5106. (2026).

Text

The appeals board shall, upon the request of the Director of Industrial Relations, where the employer is uninsured and the installments of compensation awarded are to be paid in the future, determine the present worth of the future payments, discounted at the rate of 3 percent per annum, and order the present worth paid into the Uninsured Employers Fund, which fund shall thereafter pay to the beneficiaries of the award the future payments as they become due.

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The appeals board shall, upon the request of the Director of Industrial Relations, where the employer is uninsured and the installments of compensation awarded are to be paid in the future, determine the present worth of the future payments, discounted at the rate of 3 percent per annum, and order the present worth paid into the Uninsured Employers Fund, which fund shall thereafter pay to the beneficiaries of the award the future payments as they become due.

Legislative History

Amended by Stats. 1987, Ch. 202, Sec. 3.

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California § 5106., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/LAB/5106..