§ 2791.6. Acceptable Trustees.
10 CA ADC § 2791.6Barclays Official California Code of Regulations
10 CCR § 2791.6
§ 2791.6. Acceptable Trustees.
A trust company as defined in Section 107 of the Financial Code which is qualified to do business in California is a trustee acceptable to the Commissioner to hold title to a subdivision under Section 11013.2(b) and other applicable provisions of the Subdivided Lands Law. In exceptional circumstances the Commissioner may approve a trustee other than a trust company as defined in Section 107 of the Financial Code.
Credits
Note: Authority cited: Section 11001, Business and Professions Code. Reference: Section 11013.2, Business and Professions Code.
History
1. New section filed 12-3-80; effective thirtieth day thereafter (Register 80, No. 49).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 2791.6, 10 CA ADC § 2791.6
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