Financial Code section 17302

“Trust obligation” means:

(a)

All money and property deposited with a member within the State of California in an escrow or joint control transaction.

(b)

All money and property deposited with a member to be held in trust within the State of California pursuant to a federal or state statute or requirements of a governmental agency.

Source: Section 17302, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=17302. (updated Jan. 1, 2002; accessed Jun. 30, 2025).

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Up to date

Verified:
Jun. 30, 2025

§ 17302's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_17302

Original Source: Section 17302, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=17302. (last accessed May 12, 2025).