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. ) 17349.
If Fidelity Corporation is dissolved, subject to the approval of the commissioner, the net assets after settling all liabilities shall be distributed to the members on the basis of the number of each member’s licensed locations compared to the total number of all members’ licensed locations.
(Amended by Stats. 1985, Ch. 1560, Sec. 36. Effective October 2, 1985.)