A license for a business location outside this state may be issued only to an escrow agent who is not engaged in the business of receiving escrows specified in subdivision (c) of Section 17312 of the Financial Code and is not required to be a member of Escrow Agents' Fidelity Corporation if the escrow agent agrees in writing in the license application to pay the reasonable expenses for travel, meals and lodging of the Commissioner or the Commissioner's representatives incurred during any investigation or examination made at the escrow agent's location outside this state.
Cal. Code Regs. Tit. 10, § 1730.1
Note: Authority cited: Section 17400, Financial Code. Reference: Sections 17209, 17404 and 17405, Financial Code.