Section 17602.5 Of Chapter 4. Revocation Of License From California Financial Code >> Division 6. >> Chapter 4.
17602.5
. If any licensed escrow agent fails to make any reports
required by law or by the commissioner within ten (10) days from the
day designated for the making of the reports, or within any extension
of time granted by the commissioner, or fails to include therein any
matter required by law or by the commissioner, such failure shall
constitute grounds for the suspension or revocation of the license
held by such escrow agent.