Statute · California Financial Code

Cal. Fin. Code § 22151 — Regulations

Cal. Fin. Code § 22151

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2017-10-04
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) A finance lender license, broker license, program administrator license, and the license of every mortgage loan originator employed by a lender or finance broker, along with any currently effective order of the commissioner approving a different name pursuant to Section 22155, shall be…

Citator

Cal. Fin. Code § 22151 — Regulations is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A finance lender license, broker license, program administrator license, and the license of every mortgage loan originator employed by a lender or finance broker, along with any currently effective order of the commissioner approving a different name pursuant to Section 22155, shall be conspicuously posted in the place of business authorized by the license.

(b) A license is not transferable or assignable. A license issued to a partnership or a limited partnership is not transferred or assigned within the meaning of this section by the death, withdrawal, or admission of a partner, general partner, or limited partner, unless the death, withdrawal, or admission dissolves the partnership to which the license was issued.

(c) This section shall become operative on January 1, 2019.