California Statutes
§ 23053. — 23053. (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
The commissioner may by order summarily suspend or revoke the license of any licensee if that person fails to file the report required by Section 23026 within 10 days after notice by the commissioner that the report is due and not filed. If, after an order is made, a request for hearing is filed in writing within 30 days and the hearing is not held within 60 days thereafter, the order is deemed rescinded as of its effective date.
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California § 23053. (23053. (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.