California Statutes
§ 100006.5. — 100006.5. (Added by Stats. 2020, Ch. 163, Sec. 3.)
California·Code FIN Financial Code - FIN·Div. 25. DIVISION 25. Debt Collection Licensing Act·Ch. 2. CHAPTER 2. Licensing·Art. 1. ARTICLE 1. Commissioner on Financial Protection and Innovation
(a)The Debt Collection Licensing Fund is hereby established within the state treasury.
(b)All licensing fees collected shall be deposited into the Fees Account which is hereby established within the fund.
(c)All fines and penalties collected shall be deposited into the Penalties Account which is hereby established within the fund.
(d)All monies deposited into the fund
shall be available to the commissioner, upon appropriation by the Legislation, for the purposes of this division.
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California § 100006.5. (100006.5. (Added by Stats. 2020, Ch. 163, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2020, Ch. 163, Sec. 3. (SB 908) Effective January 1, 2021. Operative January 1, 2022, pursuant to Sec. 100000.5.