CarolAnnC
<font color=blue>Caught Smuggling Jello Shot Syrin
- Joined
- Oct 9, 2000
The question of legality, I believe, was the fact that the OP had paid his cruise in full to the Travel Agent, who then did not provide the payment to DCL in a timely fashion. The issue of the passengers then not being able to book their excursions at 90 days with DCL came up, though they had paid in full to the agent, he had not sent the payment to DCL on behalf of the client. It may be legal to collect interest on the money, but is it legal to hold the money and not pay off their cruise with it? Perhaps you know? If it is legal, I am never moving to CA! LOL! Thanks!
Which is quite legal in California. As despicably as the travel agent has behaved, he is entitled to withdraw the interest earned on the client's trust account and transfer it to his general accounting bank account.
§ 17550.15. Sellers of travel; deposit of money into trust account; withdrawals; responsibilities; bond
....
(c) The seller of travel shall not in any manner encumber the corpus of the trust account and shall not withdraw money therefrom except as follows:
....
(d) Subdivision (c) shall not prevent payment of the interest earned on the trust account to the seller of travel.
California Business & Professions Code
Tom - I hope your cruise was magical