California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 9 - Escrow Agents
Article 4 - Books, Records and Accounts
Section 1729 - Inspection and Examination by Commissioner

Universal Citation: 10 CA Code of Regs 1729

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The Commissioner may consider the following factors in determining how often an examination required under subdivision (c) of Section 17405 of the Financial Code shall be conducted:

(a) Past and current violations of the Escrow Law and the regulations promulgated thereunder, taking into consideration the nature and severity of the violations and the number of violations.

(b) The number of years the escrow agent has been licensed under the Escrow Law.

1. New section filed 12-31-2001 as an emergency; operative 1-1-2002 (Register 2002, No. 1). A Certificate of Compliance must be transmitted to OAL by 5-1-2002 or emergency language will be repealed by operation of law on the following day.
2. New section refiled 4-29-2002 as an emergency; operative 4-30-2002 (Register 2002, No. 18). A Certificate of Compliance must be transmitted to OAL by 8-28-2002 or emergency language will be repealed by operation of law on the following day.
3. Certificate of Compliance as to 4-29-2002 order transmitted to OAL 7-9-2002 and filed 8-20-2002 (Register 2002, No. 34).

Note: Authority cited: Section 17400, Financial Code. Reference: Section 17405, Financial Code.

Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.