2807.1. Alternative to Purchase Money Impound.
The penal sum of the financial assurances permitted pursuant to Section 11243(c) furnished by or on behalf of a
developer shall be in an amount equal to or in excess of the lesser of (1) the funds that would otherwise be placed in
escrow, or (2) the cost to complete the incomplete property in which the time-share interest is located. However, in no
event shall the amount be less than the amount of funds that would otherwise be placed in escrow pursuant to Section
11243(a)(1).