It shall be unlawful for any person to engage in business as an escrow agent within this state except by means of a corporation duly organized for that purpose licensed by the commissioner as an escrow agent.
Cal. Fin. Code § 17200
License and Bond
Applied in 2 court decisions — leading case 227 Cal. App. 4th 1092 - People v. DeVaughn CA4/2 (2014)
Most recently applied in Bobbleheads.com, LLC v. Wright Bros., Inc. (May 2017)
Amended by Stats. 1999, Ch. 441, Sec. 6
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.