California § 12401.1. 12401.1. (Amended by Stats. 1972, Ch. 644.)

California Statutes

§ 12401.1. — 12401.1. (Amended by Stats. 1972, Ch. 644.)

California § 12401.1.

Code FINFinancial Code - FIN

Div. 3.DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS

Ch. 5.CHAPTER 5. Revocation of Licenses

This text of California § 12401.1. (12401.1. (Amended by Stats. 1972, Ch. 644.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Financial Code - FIN Code § 12401.1. (2026).

Text

The commissioner may by order summarily suspend or revoke the license of a licensee who fails to pay the license fee prescribed by Section 12214 within 10 days after notice by the commissioner that such fee is due and payable. If, after such an order is made, a request for hearing is filed in writing and hearing is not held within 60 days thereafter, the order is rescinded as of its effective date.

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The commissioner may by order summarily suspend or revoke the license of a licensee who fails to pay the license fee prescribed by Section 12214 within 10 days after notice by the commissioner that such fee is due and payable. If, after such an order is made, a request for hearing is filed in writing and hearing is not held within 60 days thereafter, the order is rescinded as of its effective date.

Legislative History

Amended by Stats. 1972, Ch. 644.

Nearby Sections

2

§ 12401.

12401. (Enacted by Stats. 1951, Ch. 364.)

§ 12401.1.

12401.1. (Amended by Stats. 1972, Ch. 644.)

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California § 12401.1., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/12401.1..