Statute · California Financial Code

Cal. Fin. Code § 17403.5 — Escrow Regulations

Cal. Fin. Code § 17403.5

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2001-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) All records required by this chapter may be retained by an Internet escrow agent and provided to the commissioner in electronic format.

Citator

Cal. Fin. Code § 17403.5 — Escrow Regulations is in force in the current edition of the Code, and nothing recorded condemns it.

(a) All records required by this chapter may be retained by an Internet escrow agent and provided to the commissioner in electronic format.

(b) All transfers by an Internet escrow agent between trust accounts and interest-bearing accounts, and between escrow accounts, may be made electronically.

(c) A statement of account may be delivered by an Internet escrow agent to a customer by electronic mail or via the Internet, unless otherwise requested by the customer.