California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 9 - Escrow Agents
Article 7 - Guarantee of Trust Obligations
Section 1764 - Bond

If the board of directors of Fidelity Corporation appoints a bank as custodian as described in Section 1763 (a) of these rules, Fidelity Corporation must obtain adequate fidelity bond coverage for its own officers, directors and employees. The bond must be in a form and in an amount acceptable to the Commissioner.

1. Change without regulatory effect filed 3-10-86; effective thirtieth day thereafter (Register 86, No. 11). For history of former section 1764, see Register 81, No. 49.
2. Editorial correction of printing error in section (Register 96, No. 52).

Note: Authority cited: Section 17315, Financial Code. Reference: Sections 17310, 17315, 17333, 17337 and 17334, Financial Code.