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2011 California Code
Financial Code
DIVISION 6. ESCROW AGENTS [17000 - 17703]
ARTICLE 1. Definitions
Section 17302


CA Fin Code § 17302 (through 2012 Leg Sess) What's This?

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.

(Amended by Stats. 2001, Ch. 662, Sec. 1. Effective January 1, 2002.)

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