Title 6201 · CA

California Code, FIN 6201.

Citation: Cal. § FIN-6201

Section: FIN-6201

California Code, FIN 6201.

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Financial Code - FIN

DIVISION 2. SAVINGS ASSOCIATION LAW [5000 - 10009] Â Â ( Division 2 repealed and added by Stats. 1983, Ch. 1091, Sec. 2. ) Â Â CHAPTER 3. Corporate Administration [6000 - 6477] Â Â ( Chapter 3 added by Stats. 1983, Ch. 1091, Sec. 2. ) Â Â

ARTICLE 5. Indemnity Bonds [6200 - 6204] Â Â ( Article 5 added by Stats. 1983, Ch. 1091, Sec. 2. )

  6201.  Associations that employ collection agents, who for any reason are not covered by a bond required under Section 6200, shall provide for the bonding of each of those agents in an amount equal to at least twice the average monthly collection of the agent. The agents shall be required to make settlement with the association at least monthly. (Added by Stats. 1983, Ch. 1091, Sec. 2.)