Section 2101 Of Chapter 6. Consumer Disclosures From California Financial Code >> Division 1.2. >> Chapter 6.
2101
. Every licensee or its agent shall forward all money received
for transmission or give instructions committing equivalent money to
the person designated by the customer. Unless the transmission is for
the payment of goods or services or unless otherwise ordered by his
or her customer, this requirement shall be satisfied within 10 days
after receiving that money.