{"data":{"id":"us-ca/fin-12320","jurisdiction":"us-ca","citation":"FIN § 12320","heading":"","body":"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.","path":["Financial Code - FIN","DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS [12000. - 12404.]","CHAPTER 4. Licensee Regulations [12300. - 12332.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"bb8f22d5e6b76345c1499ea80d2a66cbb889ef6f04d3004c2d4f955a2a0c6d28","source_id":"us-ca","stale":false,"prev":"us-ca/fin-12319","next":"us-ca/fin-12321"},"notice":"GroundRules: Original legal text. Not legal advice."}