California Statutes
§ 28138. — 28138. (Added by Stats. 2016, Ch. 824, Sec. 2.)
California·Code FIN Financial Code - FIN·Div. 12.5. DIVISION 12.5. Student Loan Servicing Act·Ch. 3. CHAPTER 3. Licensee Duties
Notwithstanding subdivision (b) of Section 28134 and unless prohibited by federal law, a licensee shall retain and maintain its records of servicing a borrower’s student loan for a minimum of three years after the student loan has been sold, assigned, transferred, or paid in full.
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California § 28138. (28138. (Added by Stats. 2016, Ch. 824, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2016, Ch. 824, Sec. 2. (AB 2251) Effective January 1, 2017. Operative July 1, 2018, pursuant to Section 28182.