§ 2101

Amended by Stats. 2013, Ch. 533, Sec. 7. (AB 786) Effective January 1, 2014.

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.

Other sections in Chapter 6 - Consumer Disclosures

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.