{"code":"FIN","codeName":"Financial Code","section":"17304","citation":"Fin. Code, § 17304","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 6. ESCROW AGENTS [17000. - 17703.]","url":"https://blackletter.si/financial-code/division-6"},{"name":"CHAPTER 2.5. Escrow Agents’ Fidelity Corporation [17300. - 17350.]","url":"https://blackletter.si/financial-code/division-6/chapter-2.5"},{"name":"ARTICLE 1. Definitions [17300. - 17305.]","url":"https://blackletter.si/financial-code/division-6/chapter-2.5/article-1"}],"history":"Amended by Stats. 2001, Ch. 662, Sec. 2.   Effective January 1, 2002.","effective":"2002-01-01","html":"<p>“Loss,” within the meaning of this chapter, means the loss of trust obligations held by a member within the State of California as a result of the fraudulent or dishonest abstraction, misappropriation, or embezzlement of trust obligations by an officer, director, trustee, stockholder, manager, or employee of a member.</p>","text":"“Loss,” within the meaning of this chapter, means the loss of trust obligations held by a member within the State of California as a result of the fraudulent or dishonest abstraction, misappropriation, or embezzlement of trust obligations by an officer, director, trustee, stockholder, manager, or employee of a member.","otherVersions":[],"url":"https://blackletter.si/financial-code/definitions-17304","source":"California Legislative Information bulk export (pubinfo)"}