California Business and Professions Code 17550.40 – Each participant is required to comply with the provisions of this …
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Each participant is required to comply with the provisions of this article and shall abide by the rules and decisions of the Travel Consumer Restitution Corporation adopted in accordance with this article.
(Added by Stats. 1994, Ch. 1123, Sec. 3. Effective January 1, 1995.)
Terms Used In California Business and Professions Code 17550.40
- 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.
- Participant: as used in this article , means a seller of travel, as defined in Section 17550. See California Business and Professions Code 17550.36
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.