California Business and Professions Code

§ 24074.2

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

BPC § 24074.2Div. 9 · Ch. 6 · Art. 5

Statute text

View on leginfo.ca.gov

Any person desiring to act as an escrow holder under Section 24074 shall not release any funds in the escrow in exchange for a promissory note or in exchange for any other consideration of less value to the creditors than the funds exchanged.

Legislative history

Added by Stats. 1967, Ch. 1494.