Financial Code - FIN
DIVISION 6. ESCROW AGENTS [17000 - 17703]
( Division 6 enacted by Stats. 1951, Ch. 364. ) CHAPTER 2.5. Escrow Agents’ Fidelity Corporation [17300 - 17350]
( Heading of Chapter 2.5 amended by Stats. 1988, Ch. 1458, Sec. 1. ) ARTICLE 3. Membership Fee and Assessments [17320 - 17324]
( Article 3 added by Stats. 1982, Ch. 1106, Sec. 1. ) 17324.
Any reduction in the membership fund caused by payment of an extraordinary expense pursuant to subdivision (a) of Section 17320 or payment of claims pursuant to subdivision (c) of Section 17320 shall be replenished by the operations fund or the fidelity fund, as appropriate. The next assessment for the operations fund or the fidelity fund, as appropriate, shall include an amount necessary for that replenishment.
(Added by Stats. 1988, Ch. 1458, Sec. 20. Effective September 28, 1988.)