California Statutes

§ 23050. — 23050. (Added by Stats. 2002, Ch. 777, Sec. 10.)

California § 23050.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 10.[DIVISION 10. CONSUMER FINANCE LENDERS]
Ch. 3.CHAPTER 3. Enforcement
Art. 1.ARTICLE 1. Administrative Actions

This text of California § 23050. (23050. (Added by Stats. 2002, Ch. 777, Sec. 10.)) 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 § 23050. (2026).

Text

Whenever, in the opinion of the commissioner, any person is engaged in the business of deferred deposit transactions, as defined in this division, without a license from the commissioner, or any licensee is violating any provision of this division, the commissioner may order that person or licensee to desist and to refrain from engaging in the business or further violating this division. If within 30 days, after the order is served, a written request for a hearing is filed and no hearing is held within 30 days thereafter, the order is rescinded.

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Legislative History

Added by Stats. 2002, Ch. 777, Sec. 10. Effective January 1, 2003. Section operative on December 31, 2004, or sooner, pursuant to Section 23104.
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California § 23050., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/23050..