California Statutes
§ 17321.1. — 17321.1. (Added by Stats. 1988, Ch. 1458, Sec. 15.)
California § 17321.1.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 6.DIVISION 6. ESCROW AGENTS
Ch. 2.5.CHAPTER 2.5. Escrow Agents’ Fidelity Corporation
Art. 3.ARTICLE 3. Membership Fee and Assessments
This text of California § 17321.1. (17321.1. (Added by Stats. 1988, Ch. 1458, Sec. 15.)) 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 § 17321.1. (2026).
Text
Fidelity Corporation shall levy a special assessment against its members whenever:
(a)Deemed necessary by the board of directors in the event of any extraordinary expenses which would seriously deplete the resources of the operations fund; or
(b)A proof of loss has been submitted by a member which, if paid during that fiscal year, would reduce the membership fund by 10 percent or more.
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Legislative History
Added by Stats. 1988, Ch. 1458, Sec. 15. Effective September 28, 1988.
Nearby Sections
3
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California § 17321.1., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/17321.1..