Cal. Bus. & Prof. Code § 24074.2

Current through the 2024 Legislative Session.
Section 24074.2 - Release of escrow funds

Any person desiring to act as an escrow holder under Section 24074 shall not release any funds in the escrow in exchange for a promissory note or in exchange for any other consideration of less value to the creditors than the funds exchanged.

Ca. Bus. and Prof'l. Code § 24074.2

Added by Stats. 1967, Ch. 1494.