California Codes, Business and Professions Code - BPC, Division 7 — General Business Regulations, Part 3 — Representations to the Public, Chapter 1 — Advertising, Article 2.7 — Travel Consumer Restitution Plan, 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 shall forthwith suspend the registration of the participant who has not paid. The corporation shall provide a copy of this notification to the participant.
(b) The Travel Consumer Restitution Corporation or any entity set forth in Section 17204 may bring an action at law or in equity against a participant to recover any unpaid assessment.
(c) The Travel Consumer Restitution Corporation shall be awarded costs and reasonable attorney’s fees if it prevails in any action against a participant pursuant to subdivision (b). Those costs and attorney’s fees shall be awarded as an item of costs, as provided for in paragraph (10) of subdivision (a) and paragraph (5) of subdivision (c) of Section 1033.5 of the Code of Civil Procedure.
Notes
Requires the corporation to notify the Attorney General when an assessment remains unpaid 60 days after its due date, triggering immediate suspension of the participant’s registration, with a copy to the participant. The corporation or specified entities may sue for unpaid assessments, and the corporation receives costs and reasonable attorney’s fees if it prevails.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 17550.45 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-7/part-3/chapter-1/article-2-7/section-17550-45