2834. Trust Account Withdrawals.
(a) Withdrawals may be made from a trust fund account of an individual broker only upon the signature of the broker
or one or more of the following persons if specifically authorized in writing by the broker:
(1) a salesperson licensed to the broker.
(2) a person licensed as a broker who has entered into a written agreement pursuant to Section 2726 with the broker.
(3) an unlicensed employee of the broker with fidelity bond coverage at least equal to the maximum amount of the
trust funds to which the employee has access at any time.
(b) Withdrawals may be made from the trust fund account of a corporate broker only upon the signature of:
(1) an officer through whom the corporation is licensed pursuant to Section 10158 or 10211 of the Code; or
(2) one of the persons enumerated in paragraph (1), (2) or (3) of subdivision (a) above, provided that specific
authorization in writing is given by the officer through whom the corporation is licensed and that the officer is an
authorized signatory of the trust fund account.
(c) An arrangement under which a person enumerated in paragraph (1), (2) or (3) of subdivision (a) above is authorized
to make withdrawals from a trust fund account of a broker shall not relieve an individual broker, nor the broker-officer
of a corporate broker licensee, from responsibility or liability as provided by law in handling trust funds in the broker’s
custody.