Statute · California Financial Code

Cal. Fin. Code § 17302 — Definitions

Cal. Fin. Code § 17302

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2002-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

“Trust obligation” means:

Citator

Cal. Fin. Code § 17302 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Trust obligation” means:

(a) All money and property deposited with a member within the State of California in an escrow or joint control transaction.

(b) All money and property deposited with a member to be held in trust within the State of California pursuant to a federal or state statute or requirements of a governmental agency.