California Code of Regulations
Title 10 - Investment
Chapter 6 - Real Estate Commissioner
Article 19 - Escrows
Section 2951 - Record Keeping and Funds Handling

Universal Citation: 10 CA Code of Regs 2951
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The provisions of Sections 2831, 2831.1, 2831.2, 2832, 2832.1, 2834 and 2835 of these regulations shall apply to the handling of funds and the keeping of records by a real estate broker who is not licensed under the Escrow Law (Section 17000, et seq., of the Financial Code) when acting in the capacity of an escrow holder in a real estate purchase and sale, exchange or loan transaction in which the broker is performing acts for which a real estate license is required.

1. New section filed 12-1-81; designated effective 1-1-82 (Register 81, No. 49).
2. Amendment filed 1-9-85; effective thirtieth day thereafter (Register 85, No. 2).
3. Amendment of section and NOTE filed 11-8-93; operative 12-8-93 (Register 93, No. 46).
4. Amendment filed 11-13-96; operative 11-13-96 pursuant to Government Code section 11343.4(d) (Register 96, No. 46).

Note: Authority cited: Section 10080, Business and Professions Code. Reference: Sections 10145 and 10148, Business and Professions Code; and Section 17006 (d), Financial Code.

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