California Business and Professions Code ARTICLE 2.7 - Travel Consumer Restitution Plan

• Section 17550.35.
  “Restitution corporation” means the Travel Consumer Restitution Corporation.(Added by Stats. 1994, Ch. 1123, Sec. 3. Effective January 1, 1995.)
• Section 17550.36.
  “Participant,” as used in this article, means a seller of travel, as defined in Section 17550.7, who is registered pursuant to Section 17550.20.(Added by Stats....
• Section 17550.37.
  (a) “Person aggrieved,” as used in this article, means a passenger, as defined in Section 17550.3, located in California at the time of sale, or a...
• Section 17550.38.
  (a) It is the purpose of the Travel Consumer Restitution Corporation to provide restitution to a person aggrieved, subject to the limitations set forth in this...
• Section 17550.39.
  (a) Participants shall maintain a corporation under the Nonprofit Mutual Benefit Corporation Law (Part 3 (commencing with Section 7110) of Division 2 of Title 1 of...
• Section 17550.40.
  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...
• Section 17550.41.
  (a) The Board of Directors of the Travel Consumer Restitution Corporation shall be composed of six directors, as follows:(1) One public consumer representative member appointed by the...
• Section 17550.42.
  The fiscal year of the Travel Consumer Restitution Corporation shall commence on July 1 of each year.(Added by Stats. 1994, Ch. 1123, Sec. 3. Effective...
• Section 17550.42.5.
  (a) Within 30 days of the close of the fiscal year or other reasonable period established by the board of directors, the Travel Consumer Restitution Corporation...
• Section 17550.43.
  (a) The Travel Consumer Restitution Corporation shall establish and maintain an operations fund for the payment of costs of operations and administration. The corporation shall prepare,...
• Section 17550.44.
  (a) In addition to the assessments required by Section 17550.43, the Travel Consumer Restitution Corporation shall bill and collect from each participant an annual assessment that...
• Section 17550.45.
  (a) If any assessment is not paid within 60 days of the due date, then the corporation shall notify the office of the Attorney General, which...
• Section 17550.46.
  (a) The Attorney General or his or her delegate shall approve any claim form which shall be provided to a person aggrieved by the Travel Consumer...
• Section 17550.47.
  (a) (1) Any person aggrieved who suffers a loss of more than fifty dollars ($50) of amounts paid for air or sea transportation or travel services may...
• Section 17550.48.
  Any person aggrieved who recovers from the fund shall assign to the Travel Consumer Restitution Corporation all rights of recovery, to a maximum of the...
• Section 17550.49.
  If the Travel Consumer Restitution Corporation directs that payment be made from the restitution fund in any amount in response to a claim against a...
• Section 17550.50.
  There shall be no personal liability on the part of and no cause of action of any nature shall arise against the Travel Consumer Restitution...
• Section 17550.51.
  The Travel Consumer Restitution Corporation shall not be liable for any consequential damages, or for any punitive damages, in connection with the performance of its...
• Section 17550.52.
  The Attorney General or his or her delegate may determine that the Travel Consumer Restitution Corporation has failed or ceased to operate upon a finding...
• Section 17550.53.
  (a) The Travel Consumer Restitution Corporation shall have independent authority to investigate claims filed by persons aggrieved pursuant to Section 17550.47.(b) The corporation, upon the request of...
• Section 17550.54.
  (a) The Secretary of State shall not file articles for the incorporation of the Travel Consumer Restitution Corporation or an amendment to the articles unless the...
• Section 17550.55.
  No provision of the Insurance Code shall apply to the Travel Consumer Restitution Corporation.(Added by Stats. 1994, Ch. 1123, Sec. 3. Effective January 1, 1995.)
• Section 17550.56.
  The operation of the Travel Consumer Restitution Corporation shall at all times be subject to the examination and review of the office of the Attorney...
• Section 17550.57.
  If the Travel Consumer Restitution Corporation is dissolved or ceases to exist, or if the Attorney General or his or her delegate makes a determination...
• Section 17550.58.
  All costs and expenses incurred by the Department of Justice in the administration of this article, including those incurred pursuant to Section 17550.38, shall be...

Last modified: October 22, 2018