“Escrow” is the process by which a third party having no direct or indirect financial interest with a vendor holds, for safekeeping, the source code, including all changes or modifications and new or amended versions. A financial interest would exist if the third party, for instance, included a vendor's stocks in its portfolio.

Note: Authority cited: Section 12172.5, Government Code; and Sections 2501 and 19212, Elections Code. Reference: Sections 2500, 2501 and 19212, Elections Code.

History

1. New section filed 8-8-95; operative 9-7-95 (Register 95, No. 32).

2. Renumbering of former section 20622 to section 20621 and renumbering of former section 20623 to section 20622, including amendment of Note, filed 12-31-2014; operative 4-1-2015 (Register 2015, No. 1).