TITLE 50: INSURANCE
CHAPTER V: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 8100 TITLE INSURANCE ACT
SECTION 8100.1703 EXCHANGE OF BONDS ON DEPOSIT


 

Section 8100.1703  Exchange of Bonds on Deposit

 

No independent escrowee shall exchange, substitute, remove, encumber or hypothecate Bonds on deposit without receiving prior thereto written approval from the Director or the Director's authorized representative.