California Financial Code

§ 17603

FIN § 17603 Effective Jan 1, 2023Div. 6 · Ch. 4

Statute text

If it appears to the commissioner that any licensed escrow agent is conducting or has conducted business in an unsafe or injurious manner, the commissioner shall, by written order addressed to the agent direct the discontinuance of such unsafe or injurious practices. The order shall be effective immediately, but shall not become final except in accordance with the provisions of Section 17604.

Legislative history

Amended by Stats. 2022, Ch. 188, Sec. 11. (AB 2433) Effective January 1, 2023.