GroundRules
FIN § 17321.1
Where this section sits in the code
- Financial Code - FIN
- DIVISION 6. ESCROW AGENTS [17000. - 17703.]
- CHAPTER 2.5. Escrow Agents’ Fidelity Corporation [17300. - 17350.]
- ARTICLE 3. Membership Fee and Assessments [17320. - 17324.]
Fidelity Corporation shall levy a special assessment against its members whenever:
(a) Deemed necessary by the board of directors in the event of any extraordinary expenses which would seriously deplete the resources of the operations fund; or
(b) A proof of loss has been submitted by a member which, if paid during that fiscal year, would reduce the membership fund by 10 percent or more.
Collected 2026-09-14T05:56:33Z. Source file · JSON