California Statutes
§ 12312. — 12312. (Amended by Stats. 1983, Ch. 660, Sec. 11.)
California § 12312.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 3.DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS
Ch. 4.CHAPTER 4. Licensee Regulations
This text of California § 12312. (12312. (Amended by Stats. 1983, Ch. 660, Sec. 11.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 12312. (2026).
Text
An agreement between one licensed to engage in the business of selling checks, drafts, money orders, or other commercial paper serving the same purpose, and one undertaking to act in that business as an agent of the licensee, shall be in writing.
Such a licensee shall not pay such an agent any compensation as consideration for becoming an agent, other than that specified in their written agency agreement, in any manner, directly or indirectly, or by any method, practice or device whatsoever.
The commissioner may order any licensee to desist from any conduct which the
commissioner shall find to be a violation of the foregoing provisions of this section.
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Legislative History
Amended by Stats. 1983, Ch. 660, Sec. 11.
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Bluebook (online)
California § 12312., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/12312..