An escrow agent should make its annual report on an accrual basis.

Note: Authority cited: Sections 17400, 17401 and 17406(j), Financial Code. Reference: Section 17406, Financial Code.

History

1. Amendment filed 6-27-74; effective thirtieth day thereafter (Register 74, No. 26).

2. Editorial correction adding Note filed 4-6-83 (Register 83, No. 15).