Statute · California Financial Code

Cal. Fin. Code § 100006.5 — Commissioner on Financial Protection and Innovation

Cal. Fin. Code § 100006.5

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2021-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The Debt Collection Licensing Fund is hereby established within the state treasury.

Citator

Cal. Fin. Code § 100006.5 — Commissioner on Financial Protection and Innovation is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The Debt Collection Licensing Fund is hereby established within the state treasury.

(b) All licensing fees collected shall be deposited into the Fees Account which is hereby established within the fund.

(c) All fines and penalties collected shall be deposited into the Penalties Account which is hereby established within the fund.

(d) All monies deposited into the fund shall be available to the commissioner, upon appropriation by the Legislation, for the purposes of this division.