California Labor Code 5105 – Upon the payment of a lump sum, the employer shall present to the …
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Upon the payment of a lump sum, the employer shall present to the appeals board a proper receipt evidencing the same, executed either by the injured employee or his dependents, or by the trustee. The appeals board shall thereupon issue its certificate in proper form evidencing such payment. Such certificate, upon filing with the clerk of the superior court in which any judgment upon an award has been entered, operates as a satisfaction of the award and fully discharges the employer from any further liability on account thereof.
(Amended by Stats. 1965, Ch. 1513.)
Terms Used In California Labor Code 5105
- employer: means :
California Labor Code 3300
- Trustee: A person or institution holding and administering property in trust.