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DIVISION 6. ESCROW AGENTS 17000-17703›CHAPTER 2.5. Escrow Agents’ Fidelity Corporation 17300-17350›ARTICLE 4. General Provisions 17330-17350

§ 17349

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

If Fidelity Corporation is dissolved, subject to the approval of the commissioner, the net assets after settling all liabilities shall be distributed to the members on the basis of the number of each member’s licensed locations compared to the total number of all members’ licensed locations.

(Amended by Stats. 1985, Ch. 1560, Sec. 36. Effective October 2, 1985.)

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