GroundRules
FIN § 12301.5
Where this section sits in the code
- Financial Code - FIN
- DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS [12000. - 12404.]
- CHAPTER 4. Licensee Regulations [12300. - 12332.]
No agent of a licensee shall issue or cause to be issued any check, draft, or money order, or other commercial paper serving the same purpose which is drawn upon the trust account of a licensee without concurrently receiving in full, in cash, or by check, draft, or money order from a third party believed to be valid, the principal amount thereof.
Collected 2026-09-14T05:56:33Z. Source file · JSON