No escrow fee shall be considered reasonable unless it is paid to a company or to persons described in Section 22318 of the Financial Code and unless such services are performed.

Note: Authority cited: Section 22150, Financial Code. Reference: Section 22318, Financial Code.

History

1. Amendment filed 12-29-83; effective thirtieth day thereafter (Register 83, No. 53).

2. Change without regulatory effect amending section heading, section and Note filed 6-14-95 pursuant to section 100, title 1, California Code of Regulations (Register 95, No. 24).