California Codes > Insurance Code > Division 1 > Part 1 > Chapter 6 > Article 2 – Causes of Loss
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Terms Used In California Codes > Insurance Code > Division 1 > Part 1 > Chapter 6 > Article 2 - Causes of Loss
- City: includes "city and county. See California Insurance Code 15
- Contract: A legal written agreement that becomes binding when signed.
- County: includes "city and county. See California Insurance Code 14
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18