Statute · California Financial Code
Cal. Fin. Code § 50322 — Administration and Powers of the Commissioner
Cal. Fin. Code § 50322
- 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 conducting or has conducted business in an unsafe or injurious manner, the commissioner shall, by written order addressed to the licensee, direct the discontinuance of the unsafe or injurious…
Citator
Cal. Fin. Code § 50322 — 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 conducting or has conducted business in an unsafe or injurious manner, the commissioner shall, by written order addressed to the licensee, direct the discontinuance of the unsafe or injurious practices. The order shall be effective immediately, but shall not become final except in accordance with the provisions of Section 50323.