Financial Code section 12301.2

A check, draft, or money order sold by a licensee shall be drawn on an account of a licensee maintained at a bank authorized to do business in the State of California.

Source: Section 12301.2, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=12301.2. (updated Jan. 1, 1953; accessed Jun. 18, 2026).

Up to date

Verified:
Jun. 18, 2026

§ 12301.2's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_12301.2

Original Source: Section 12301.2, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=12301.2. (last accessed May 12, 2025).