California Statutes

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

California·Code FIN Financial Code - FIN·Div. 10. [DIVISION 10. CONSUMER FINANCE LENDERS]·Ch. 3. CHAPTER 3. Enforcement·Art. 1. ARTICLE 1. Administrative Actions
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is served, a written request for a hearing is filed and no hearing is held within 30 days thereafter, the order is rescinded.

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California § 23050. (23050. (Added by Stats. 2002, Ch. 777, Sec. 10.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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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