Section 12322 Of Chapter 4. Licensee Regulations From California Financial Code >> Division 3. >> Chapter 4.
12322
. At least once in each six (6) months, the prorater shall
render an accounting to the debtor which shall itemize the total
amount received from the debtor, the total amount paid to each
creditor, the total amount which any creditor has agreed to accept as
payment in full on any debt owed him by the debtor, the amount of
charges deducted, and any amount held in reserve. A prorater shall in
addition render such an account to a debtor within seven days after
written demand.