Escrow agents shall maintain records of their handlings of escrows which shall be subject to audit by authorized representatives of the department or any other appropriate regulatory agency. Such records shall include a copy of the escrow instructions, and the dates and disbursements of cash and/or cash equivalents. Each escrow transaction processed by the escrow agent shall be assigned an escrow number by the escrow agent and this number shall be displayed on all documents relating to that escrow.
Cal. Code Regs. Tit. 25, § 5064
2. Change without regulatory effect amending NOTE filed 7-6-2007 pursuant to section 100, title 1, California Code of Regulations (Register 2007, No. 27).
Note: Authority cited: Section 18015, Health and Safety Code. Reference: Sections 18035, 18035.1, 18035.2 and 18035.26, Health and Safety Code.
2. Change without regulatory effect amendingNote filed 7-6-2007 pursuant to section 100, title 1, California Code of Regulations (Register 2007, No. 27).