“Restitution corporation” means the Travel Consumer Restitution Corporation.

(Added by Stats. 1994, Ch. 1123, Sec. 3. Effective January 1, 1995.)

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Terms Used In California Business and Professions Code 17550.35

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.