California Statutes
§ 22716. — 22716. (Amended (as added by Stats. 2017, Ch. 475, Sec. 83) by Stats. 2018, Ch. 813, Sec. 14.)
California·Code FIN Financial Code - FIN·Div. 9. DIVISION 9. CALIFORNIA FINANCING LAW·Ch. 4. CHAPTER 4. Revocation and Penalties·Art. 1. ARTICLE 1. Revocation and Suspension of License
(a)The revocation, suspension, expiration, or surrender of any license does not impair or affect the obligation of any preexisting lawful contract between the licensee and any borrower or property owner, nor the validity and enforceability of any bonds issued and secured by those contracts. This division does not affect the validity and enforceability of any PACE assessment contracts entered into or bonds issued and secured by those contracts.
(b)This section shall become operative on January 1, 2019.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 22716. (22716. (Amended (as added by Stats. 2017, Ch. 475, Sec. 83) by Stats. 2018, Ch. 813, Sec. 14.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended (as added by Stats. 2017, Ch. 475, Sec. 83) by Stats. 2018, Ch. 813, Sec. 14. (AB 2063) Effective January 1, 2019.