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2021 California Code
Financial Code - FIN
DIVISION 6 - ESCROW AGENTS
CHAPTER 2.5 - Escrow Agents Fidelity Corporation
ARTICLE 3 - Membership Fee and Assessments
Section 17324.
Universal Citation:
CA Fin Code § 17324 (2021)
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17324.
Any reduction in the membership fund caused by payment of an extraordinary expense pursuant to subdivision (a) of Section 17320 or payment of claims pursuant to subdivision (c) of Section 17320 shall be replenished by the operations fund or the fidelity fund, as appropriate. The next assessment for the operations fund or the fidelity fund, as appropriate, shall include an amount necessary for that replenishment.
(Added by Stats. 1988, Ch. 1458, Sec. 20. Effective September 28, 1988.)
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