GroundRules
FIN § 12320
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.]
A prorater shall deliver a copy of any contract or agreement between the prorater and a debtor to the debtor immediately after the debtor executes it, and the debtor’s copy shall be executed by the prorater. A contract shall not be effective until a debtor has made a payment to the prorater for distribution to his creditors.
Collected 2026-09-14T05:56:33Z. Source file · JSON