Cal. Code Regs. tit. 10 § 110.203

Current through Register 2024 Notice Reg. No. 52, December 27, 2024

Section 110.203 - Delivery of Documents or Property

An association or a service corporation which acts as an escrow agent shall use documents or other property deposited in escrow only in accordance with the written instructions of the principals to the escrow transaction, or if not otherwise directed by written instructions, in accordance with sound escrow practice, or pursuant to order of a court of competent jurisdiction.

Cal. Code Regs. Tit. 10, § 110.203

1. New section filed 12-7-88; operative 1-6-89 (Register 88, No. 52).

Note: Authority cited: Section 8053, Financial Code. Reference: Section 6521, Financial Code.

1. New section filed 12-7-88; operative 1-6-89 (Register 88, No. 52).