An amount equal to all such funds received by a licensee shall be separated from the funds of the licensee and deposited in its trust account not later than the end of the next business day following receipt by such licensee. All such funds shall thereafter remain in such trust account and may be used for no purpose other than paying bills of said persons, or paying checks, drafts, money orders, or other commercial paper sold by the licensee except as otherwise provided in Section 12300.6.
12300
12300.1
12300.2
12300.3
12300.4
12300.5
12300.6
12301
12301.1
12301.2
12301.3
12301.4
12301.5
12302
12303
12304
12305
12306
12307
12307.1
12307.2
12307.3
12307.4
12307.5
12309
12310
12311
12312
12313.5
12314
12314.1
12315
12315.1
12316
12317
12318
12319
12320
12321
12322
12323
12324
12325
12326
12327
12328
12329
12330
12331
12332
12300.1
12300.2
12300.3
12300.4
12300.5
12300.6
12301
12301.1
12301.2
12301.3
12301.4
12301.5
12302
12303
12304
12305
12306
12307
12307.1
12307.2
12307.3
12307.4
12307.5
12309
12310
12311
12312
12313.5
12314
12314.1
12315
12315.1
12316
12317
12318
12319
12320
12321
12322
12323
12324
12325
12326
12327
12328
12329
12330
12331
12332