Section 17606.1 Of Chapter 4. Revocation Of License From California Financial Code >> Division 6. >> Chapter 4.
17606.1
. The license of an escrow agent shall be deemed revoked
upon the completion or closure of a court approved liquidation of the
business of the escrow agent, whether pursuant to Section 17635 or
17636, or otherwise, unless the escrow agent within 10 days of the
court's order approving the closing or completion of liquidation
secures a court order restraining the revocation from taking effect.