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California Regulations § 20640 Separation of Vendor Interests from Escrow Company

⤴ Up to Article 4: The Vendor

Regulation Text

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

Source

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).

History

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 ).

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