Cal. FIN § 17609
This is the official text of Cal. FIN § 17609, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
The revocation, suspension, surrender or expiration of an escrow agent’s license does not impair or affect pre-existing escrows lawfully contracted, but nothing contained in this division shall be deemed to authorize the acceptance of further funds or documents into escrow subsequent to such revocation, surrender or expiration or during any period of suspension.
Status: in_force · Read it on the official government site
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