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.

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.