California Statutes

§ 28117. — 28117. (Added by Stats. 2018, Ch. 379, Sec. 9.)

California·Code FIN Financial Code - FIN·Div. 12.5. DIVISION 12.5. Student Loan Servicing Act·Ch. 2. CHAPTER 2. Licensing·Art. 2. ARTICLE 2. Application for License
(a)Before an applicant is issued a license, the applicant shall file with the commissioner, in such form as the commissioner may require, an appointment irrevocably appointing the commissioner to be the applicant’s or licensee’s attorney, to receive service of any lawful process in any noncriminal judicial or administrative proceeding against the applicant or licensee, or any of its successors, that arises under this division or under any regulation or order issued under this division after such appointment has been filed, with the same force and validity as if served personally on the applicant, licensee, or successor.
(b)Service may be made by leaving a copy of the process at any office of the commissioner, but that service is not effective unless (1) the party making that servic

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California § 28117. (28117. (Added by Stats. 2018, Ch. 379, Sec. 9.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2018, Ch. 379, Sec. 9. (AB 38) Effective January 1, 2019.
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