Statute · California Financial Code

Cal. Fin. Code § 50321 — Administration and Powers of the Commissioner

Cal. Fin. Code § 50321

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2023-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

If, after investigation, the commissioner has reasonable grounds to believe that any licensee is violating or has violated its articles of incorporation or any law or rule binding upon it, the commissioner shall, by written order addressed to the licensee, direct the discontinuance of the…

Citator

Cal. Fin. Code § 50321 — Administration and Powers of the Commissioner is in force in the current edition of the Code, and nothing recorded condemns it.

If, after investigation, the commissioner has reasonable grounds to believe that any licensee is violating or has violated its articles of incorporation or any law or rule binding upon it, the commissioner shall, by written order addressed to the licensee, direct the discontinuance of the violation. The order shall be effective immediately, but shall not become final except in accordance with the provisions of Section 50323.