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§ 40.608. Closing Statement and Escrow Instructions.

10 CA ADC § 40.608Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 10. Investment
Chapter 1. Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 40. Industrial Loans
Article 6. Loans and Obligations Receivable
10 CCR § 40.608
§ 40.608. Closing Statement and Escrow Instructions.
Currentness
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.

Credits

Note: Authority cited: Section 18347, Financial Code. Reference: Section 18029, Financial Code.
History
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).
This database is current through 5/3/24 Register 2024, No. 18.
Cal. Admin. Code tit. 10, § 40.608, 10 CA ADC § 40.608
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