(a) On January 1, 2024, and on January 1 of every fifth year thereafter, the California Research Bureau shall prepare and publish on its Internet Web site a report containing information regarding the distribution of money or any other thing of value pursuant to a judgment in a class action established pursuant to Section 382 of the Code of Civil Procedure, if the judgment provides for a distribution to a person or entity that is not a party to the class action. The report shall cover judgments entered in class actions during the five-year period before the date of the filing of the report and shall contain, at a minimum, the following information:
(1) The name of the case.
(2) The cause of action resolved by the judgment, with a summary of the underlying allegations or supporting factual findings.
(3) The name of, and the amount distributed to, each nonparty person or entity.
(4) The name of the judge ordering the distribution.
(5) The purpose of the distribution to the nonparty person or entity and how the nonparty person or entity plans to expend the funds or proceeds received, if known.
(b) At the request of the California Research Bureau, the Judicial Council shall provide to the bureau copies of orders, judgments, and decrees that are necessary for the bureau to complete the report.
(Added by Stats. 2018, Ch. 45, Sec. 4. (SB 847) Effective June 27, 2018.)
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