California Financial Code 17421 – Notwithstanding the provisions of Section 17420, a disbursal, other …
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Notwithstanding the provisions of Section 17420, a disbursal, other than for a fee, commission or compensation may be advanced or paid out prior to the close of an escrow if the written instructions of all parties to the transaction so provide.
(Added by Stats. 1963, Ch. 996.)
Terms Used In California Financial Code 17421
- Escrow: Money given to a third party to be held for payment until certain conditions are met.