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 4. General Provisions [17330 - 17350]
( Article 4 added by Stats. 1982, Ch. 1106, Sec. 1. ) 17340.
In the event the board of directors of Fidelity Corporation deem it necessary and prudent to raise additional moneys for payment of claims or expenses of administration, it may, with the commissioner’s written consent, borrow money against its assets, including future assessments.
(Repealed and added by Stats. 1988, Ch. 1458, Sec. 28. Effective September 28, 1988.)