Cal. Code Regs. tit. 10 § 40.608

Current through Register 2024 Notice Reg. No. 43, October 25, 2024

Section 40.608 - Closing Statement and Escrow Instructions

On any loan secured by real property in which loan proceeds were disbursed to an independent escrow holder, an industrial loan company shall retain a copy of the escrow instructions and the closing statement issued by the escrow holder.

Cal. Code Regs. Tit. 10, § 40.608

1. Change without regulatory effect renumbering former section 1165 to new section 40.608 and adding new NOTE filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).

Note: Authority cited: Section 18347, Financial Code. Reference: Section 18029, Financial Code.

1. Change without regulatory effect renumbering former section 1165 to new section 40.608 and adding new Note filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).