{"code":"FIN","codeName":"Financial Code","section":"17324","citation":"Fin. Code, § 17324","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 3. Membership Fee and Assessments [17320. - 17324.]","url":"https://blackletter.si/financial-code/division-6/chapter-2.5/article-3"}],"history":"Added by Stats. 1988, Ch. 1458, Sec. 20.   Effective September 28, 1988.","effective":"1988-09-28","html":"<p>Any reduction in the membership fund caused by payment of an extraordinary expense pursuant to subdivision (a) of Section <a href=\"/fin/17320\">17320</a> or payment of claims pursuant to subdivision (c) of Section <a href=\"/fin/17320\">17320</a> shall be replenished by the operations fund or the fidelity fund, as appropriate. The next assessment for the operations fund or the fidelity fund, as appropriate, shall include an amount necessary for that replenishment.</p>","text":"Any reduction in the membership fund caused by payment of an extraordinary expense pursuant to subdivision (a) of Section 17320 or payment of claims pursuant to subdivision (c) of Section 17320 shall be replenished by the operations fund or the fidelity fund, as appropriate. The next assessment for the operations fund or the fidelity fund, as appropriate, shall include an amount necessary for that replenishment.","otherVersions":[],"url":"https://blackletter.si/financial-code/membership-fee-and-assessments-17324","source":"California Legislative Information bulk export (pubinfo)"}