California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 6. ESCROW AGENTS |
Chapter 3. Escrow Regulations |
Section 17403.3.
Latest version.
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(a) At the time of execution a copy of each escrow instruction or amended or supplemental escrow instruction shall be delivered to all persons executing the same.
(b) Internet escrow agents shall deliver electronically over the Internet a copy of each executed escrow instruction or amended or supplemental escrow instruction to all persons executing the same. In the event a person is not able to electronically receive the instructions, the Internet escrow agent shall mail a true and correct copy of the instructions to the person within 24 hours of execution.
(Amended by Stats. 1999, Ch. 441, Sec. 12. Effective January 1, 2000.)