Cal. Code Regs. tit. 10, § 2791.4 – Acceptable Escrow Depositories.

(a) The following entities which are qualified to do business in the State of California are escrow depositories acceptable to the Commissioner under Sections 11013.2 and 11013.4 of the Code: escrow agents licensed by the Corporations Commissioner, banks, trust companies, savings and loan associations, title insurers and underwritten title companies.
(b) In exceptional circumstances the Commissioner may approve an escrow depository other than an entity enumerated in subdivision (a).

Note: Authority cited: Section 11001, Business and Professions Code. Reference: Sections 11013.2, 11013.4, Business and Professions Code.

1. Repealer and new section filed 12-3-80 effective thirtieth day thereafter (Register 80, No. 49). For prior history, see Register 77, No. 49.