Section 5102 Of Chapter 3. Lump Sum Payments From California Labor Code >> Division 4. >> Part 3. >> Chapter 3.
5102
. The appeals board may order the lump sum paid directly to the
injured employee or his dependents, or deposited with any savings
bank or trust company authorized to transact business in this state,
which agrees to accept the same as a deposit bearing interest; or the
appeals board may order the lump sum deposited with the State
Compensation Insurance Fund. Any lump sum so deposited, together with
all interest derived therefrom, shall thereafter be held in trust
for the injured employee, or in the event of his death, for his
dependents. In the event of the employee's death, his dependents
shall have no further recourse against the employer under this
chapter.