Statute · California Financial Code
Cal. Fin. Code § 12331 — Licensee Regulations
Cal. Fin. Code § 12331
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Within the organization of each prorater corporation, either as an owner, officer, or employee, there shall be one or more persons possessing a minimum of five years experience in consumer credit extension or credit collection activity. At least one such qualified person shall be stationed on…
Citator
Cal. Fin. Code § 12331 — Licensee Regulations is in force in the current edition of the Code, and nothing recorded condemns it.
Within the organization of each prorater corporation, either as an owner, officer, or employee, there shall be one or more persons possessing a minimum of five years experience in consumer credit extension or credit collection activity. At least one such qualified person shall be stationed on duty at each business location during the time the location is open for business.