Labor Code § 3861

Credit of amount of recovery by employee against employer’s liability

The appeals board is empowered to and shall allow, as a credit to the employer to be applied against his liability for compensation, such amount of any recovery by the employee for his injury, either by settlement or after judgment, as has not theretofore been applied to the payment of expenses or attorneys’ fees, pursuant to the provisions of Sections 3856, 3858, and 3860 of this code, or has not been applied to reimburse the employer.

History

Added Stats 1937 ch 90, effective August 27, 1937. Amended Stats 1949 ch 120 § 3; Stats 1957 ch 615 § 2; Stats 1959 ch 1255 § 8; Stats 1965 ch 1513 § 70, operative January 15, 1966.

Labor Code 3861