Laserfiche WebLink
Order Number: O -SA -4443323 <br />Page Number: 10 <br />NOTICE <br />Section 12413.1 of the California Insurance Code, effective January 1, 1990, requires that any title Insurance <br />company, underwritten title company, or controlled escrow company handling funds in an escrow or sub -escrow <br />capacity, wait a specified number of days after depositing funds, before recording any documents in connection <br />with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed <br />the same day as deposit. In the case of cashier's checks or certified checks, funds may be disbursed the next day <br />after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, <br />cashier's checks, or certified checks whenever possible. <br />If you have any questions about the effect of this new law, please contact your local First American Office for <br />more details. <br />f-%rstAmerlcan Tithe <br />Page 10 of 15 <br />75M-18 <br />