Statute · California Financial Code

Cal. Fin. Code § 22002 — Definitions

Cal. Fin. Code § 22002

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1995-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

To accomplish its underlying purposes and policies, this division creates a class of exempt persons pursuant to Section 1 of Article XV of the California Constitution.

Citator

Cal. Fin. Code § 22002 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

To accomplish its underlying purposes and policies, this division creates a class of exempt persons pursuant to Section 1 of Article XV of the California Constitution.

It is the intent of the Legislature to preserve existing exemptions under Section 1 of Article XV of the Constitution and statutory law for (a) personal property brokers formerly regulated by the Personal Property Brokers Law; (b) lenders formerly regulated by the Consumer Finance Lenders Law; and (c) lenders formerly regulated by the Commercial Finance Lenders Law; and no finding that any provision of this division is invalid with respect to a particular lender or class of lenders shall affect the enforceability of this division with respect to any of the foregoing classifications of lenders, which shall in all events continue to be exempted by this division.