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Underwritten title companies: escrow.

This bill failed and is no longer moving.

CA AB 1704 · Assembly Bill · 2013–2014

Stage
Failed
Started in
Assembly
Sponsor
1
Latest action
Nov 30, 2014

What it does

Existing law authorizes an underwritten title company, as defined, to engage in the escrow business and act as an escrow agent as long as it fulfills specified requirements. Existing law requires an underwritten title company to obtain a license from the Insurance Commissioner by filing an application with the commissioner and paying a filing fee of $354.

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

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Underwritten title companies: escrow. | 52