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2020 California Code
Financial Code - FIN
DIVISION 3 - CHECK SELLERS, BILL PAYERS, AND PRORATERS
CHAPTER 1 - Definitions
Section 12002.1.
Universal Citation: CA Fin Code § 12002.1 (2020)
12002.1.
A prorater is a person who, for compensation, engages in whole or in part in the business of receiving money or evidences thereof for the purpose of distributing the money or evidences thereof among creditors in payment or partial payment of the obligations of the debtor.
(Amended by Stats. 1972, Ch. 999.)
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