California Code of Regulations
Title 2 - Administration
Division 7 - Secretary of State
Chapter 6 - Escrow of Source Codes
Article 4 - The Vendor
Section 20640 - Separation of Vendor Interests from Escrow Company

Universal Citation: 2 CA Code of Regs 20640
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The vendor, its officers, and directors, shall not hold or exercise any direct or indirect financial interest(s) in the escrow company.

1. New article 4 and section filed 8-8-95; operative 9-7-95 (Register 95, No. 32).
2. Repealer of subheading and amendment of NOTE filed 12-31-2014; operative 4-1-2015 (Register 2015, No. 1).

Note: Authority cited: Section 12172.5, Government Code; and Sections 2501 and 19212, Elections Code. Reference: Sections 2500, 2501 and 19212, Elections Code.

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