“Business location” means a facility or other place of business in this state where an underwritten title company or controlled escrow company engages in the business of conducting escrow services.

(Added by Stats. 2015, Ch. 370, Sec. 1. (AB 704) Effective January 1, 2016.)

Terms Used In California Insurance Code 12340.13

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28
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