Section 17416 Of Chapter 3. Escrow Regulations From California Financial Code >> Division 6. >> Chapter 3.
17416
. Whenever in the opinion of the commissioner any person,
except as named in Section 17006, is engaged, either actually or
through subterfuge, in the business of receiving escrows for deposit
or delivery as defined in this division, without a license from the
commissioner the commissioner may order that person to desist and to
refrain from engaging in that business. If, within 30 days after such
an order is served, a request for a hearing is filed in writing and
the hearing is not held within 60 days thereafter, the order is
rescinded.