Cal. Code Regs. tit. 10 § 110.201

Current through Register 2024 Notice Reg. No. 52, December 27, 2024

Section 110.201 - Experience Requirements

Each association or its service corporation which acts as an escrow agent shall retain or employ, either as an officer or employee, one or more individuals possessing a minimum of four years of responsible escrow experience. At least one such person shall be stationed at each office of the association or service corporation during all hours in which escrow business is conducted at that office. An individual who has taken the subject matter courses called Escrow I, Escrow II, and Escrow III at a Community College may substitute such education for up to one year of experience to qualify under this section.

Cal. Code Regs. Tit. 10, § 110.201

1. New section filed 12-7-88; operative 1-6-89 (Register 88, No. 52).

Note: Authority cited: Section 8053, Financial Code. Reference: Section 6521, Financial Code.

1. New section filed 12-7-88; operative 1-6-89 (Register 88, No. 52).