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Current as of January 01, 2025 | Updated by Findlaw Staff
A prorater shall deliver a copy of any contract or agreement between the prorater and a debtor to the debtor immediately after the debtor executes it, and the debtor's copy shall be executed by the prorater. A contract shall not be effective until a debtor has made a payment to the prorater for distribution to his creditors.
Cite this article: FindLaw.com - California Code, Financial Code - FIN § 12320 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-12320/
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