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 1741.2 - Drawing of Checks
Universal Citation: 10 CA Code of Regs 1741.2
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
A check shall not be drawn, executed or dated prior to the existence, in the particular escrow account against which it is drawn, executed or dated, of a sufficient credit balance to cover said check.
1. New
section filed 3-3-52; effective thirtieth day thereafter (Register 27, No.
5).
2. Editorial correction adding NOTE filed 4-6-83 (Register 83,
No. 15).
3. Editorial correction of printing error (Register 91, No.
33).
Note: Authority cited: Sections 17400 and 17401, Financial Code. Reference: Sections 17404, 17415 and 17603, Financial Code.
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