Statute · California Financial Code
Cal. Fin. Code § 28138 — Licensee Duties
Cal. Fin. Code § 28138
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2017-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding subdivision (b) of Section 28134 and unless prohibited by federal law, a licensee shall retain and maintain its records of servicing a borrower’s student loan for a minimum of three years after the student loan has been sold, assigned, transferred, or paid in full.
Citator
Cal. Fin. Code § 28138 — Licensee Duties is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding subdivision (b) of Section 28134 and unless prohibited by federal law, a licensee shall retain and maintain its records of servicing a borrower’s student loan for a minimum of three years after the student loan has been sold, assigned, transferred, or paid in full.