California Family Code Section 7961
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California Laws > Family Code > California Family Code Section 7961
7961. (a) A nonattorney surrogacy facilitator shall direct the
client to deposit all client funds into either of the following:
(1) An independent, bonded escrow depository maintained by a
licensed, independent, bonded escrow company.
(2) A trust account maintained by an attorney.
(b) For purposes of this section, a nonattorney surrogacy
facilitator may not have a financial interest in any escrow company
holding client funds. A nonattorney surrogacy facilitator and any of
its directors or employees shall not be an agent of any escrow
company holding client funds.
(c) Client funds may only be disbursed by the attorney or escrow
agent as set forth in the assisted reproduction agreement and fund
management agreement.
(d) This section shall not apply to funds that are both of the
following:
(1) Not provided for in the fund management agreement.
(2) Paid directly to a medical doctor for medical services or a
psychologist for psychological services.
Section: 7961
Last modified: February 22, 2013
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