Section 110.208 - Escrow Instructions(a) No association or service corporation which acts as an escrow agent shall solicit or accept an escrow instruction or amended or supplemental escrow instruction containing any blank to be filled in after signing or initialing of such escrow instruction or amended or supplemental escrow instruction, nor permit any person to make any addition to, deletion from, or alteration of an escrow instruction or amended or supplemental escrow instruction unless such addition, deletion, or alteration is signed or initialed by all persons who had signed or initiated such escrow instruction or amended or supplemental escrow instruction prior to such addition, deletion, or alteration.(b) At the time of execution a copy of each escrow instruction or amended or supplemental escrow instruction shall be delivered to all persons executing the same.(c) All escrow instructions shall be dated.Cal. Code Regs. Tit. 10, § 110.208
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).