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Order Number: 0131-622151ala <br /> Page Number: 12 <br /> NOTICE <br /> Section 12413.1 of the California Insurance Code, effective January 1, 1990, requires that any title insurance <br /> company, underwritten title company, or controlled escrow company handling funds in an escrow or sub-escrow <br /> capacity, wait a specified number of days after depositing funds, before recording any documents in connection <br /> with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed <br /> the same day as deposit. In the case of cashier's checks or certified checks, funds may be disbursed the next day <br /> after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, <br /> cashier's checks, or certified checks whenever possible. <br /> First American Title <br /> Page 12 of 18 <br />