Terms Used In California Codes > Financial Code > Division 15 > Chapter 12 > Article 2 - Conflicts of Interest

• Adviser: when used with respect to a licensee, means any person who regularly provides legal, accounting, or management services or advice to such licensee. See California Financial Code 31820
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Associate: when used with respect to a licensee, means:

  California Financial Code 31820

• Close relative: means ancestor, lineal descendant, brother or sister and lineal descendants of either, spouse, father-in-law, mother-in-law, son-in-law, brother-in-law, daughter-in-law, or sister-in-law. See California Financial Code 31820
• Closing services: includes (but is not limited to) appraising property and preparing credit reports. See California Financial Code 31820
• Contract: A legal written agreement that becomes binding when signed.
• County: includes city and county. See California Health and Safety Code 14
• department: means State Department of Health Services. See California Health and Safety Code 20
• Lineal descendant: Direct descendant of the same ancestors.
• Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
• Short-term financing assistance: means any financing assistance with a term of not more than five years. See California Financial Code 31820
• State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23