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CA AB1366
Bill
Status
10/10/2023
Primary Sponsor
Brian Maienschein
Click for details
AI Summary
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Authorizes courts to award disgorgement as a remedy in actions brought by the Attorney General under California's unfair competition and false advertising laws, in addition to existing remedies.
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Requires courts to consider civil penalties and restitution already ordered when determining whether to award disgorgement and the amount thereof.
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Establishes the Victims of Consumer Fraud Restitution Fund in the State Treasury to receive all funds recovered by the Attorney General under this section.
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Allows the Attorney General to use funds from the Restitution Fund (upon legislative appropriation) to pay restitution to victims when court-ordered restitution has not been paid, and to reimburse the fund with any later recoveries from defendants or other sources.
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Grants the Attorney General authority to promulgate regulations to implement these provisions.
Legislative Description
Unfair competition and false advertising: disgorgement.
Last Action
Chaptered by Secretary of State - Chapter 686, Statutes of 2023.
10/10/2023