California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 10 - Check Sellers, Bill Payers and Proraters
Article 4 - Bonds and Insurance
Section 1793 - New Employees

Universal Citation: 10 CA Code of Regs 1793
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

A licensee shall notify the Commissioner in writing of the names of any new officers, employees, and agents within 10 days after employment and have on file with the Commissioner a bond in accordance with Section 1790 of these Rules, before allowing any officer, employee, or agent in the regular discharge of his/her duties to have access to moneys or negotiable securities belonging to or in the possession of the licensee, or to draw checks upon the licensee or the trust funds of the licensee.

1. New section filed 3-27-52; effective thirtieth day thereafter (Register 28, No. 1).
2. Amendment filed 12-31-58; effective thirtieth day thereafter (Register 59, No. 1).
3. Amendment filed 6-11-82; effective thirtieth day thereafter (Register 82, No. 24).

Note: Authority cited: Section 12300, Financial Code. Reference: Sections 12220 and 12223, Financial Code.

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