Cal. Code Regs. tit. 10 § 80.128

Current through Register 2024 Notice Reg. No. 52, December 27, 2024
Section 80.128 - Payee

For purposes of Financial Code section 2010, subdivision (1)(2), "payee" means the direct or indirect provider of goods or services, who is owed payment of money or other monetary value from the payor for the goods or services. A direct provider of a good or service has actual or constructive possession of, or title to, a good or service. An indirect provider enables the provision of goods or services even if it does not have title to, or take actual or constructive possession of, the goods or services provided.

Cal. Code Regs. Tit. 10, § 80.128

1. New section filed 6-7-2021; operative 10-1-2021 (Register 2021, No. 24). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.

Note: Authority cited: Sections 321 and 334, Financial Code. Reference: Section 2010, Financial Code.

1. New section filed 6-7-2021; operative 10/1/2021 (Register 2021, No. 24). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.