Cal. FIN § 17302
This is the official text of Cal. FIN § 17302, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
“Trust obligation” means:
(a) All money and property deposited with a member within the State of California in an escrow or joint control transaction.
(b) All money and property deposited with a member to be held in trust within the State of California pursuant to a federal or state statute or requirements of a governmental agency.
(a) All money and property deposited with a member within the State of California in an escrow or joint control transaction.
(b) All money and property deposited with a member to be held in trust within the State of California pursuant to a federal or state statute or requirements of a governmental agency.
Status: in_force · Read it on the official government site
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