California § 50325. 50325. (Amended by Stats. 2009, Ch. 160, Sec. 76.)

California Statutes

§ 50325. — 50325. (Amended by Stats. 2009, Ch. 160, Sec. 76.)

California § 50325.

Code FINFinancial Code - FIN

Div. 20.DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT

Ch. 5.CHAPTER 5. Administration and Powers of the Commissioner

This text of California § 50325. (50325. (Amended by Stats. 2009, Ch. 160, Sec. 76.)) 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 § 50325. (2026).

Text

The commissioner may immediately revoke the residential mortgage lender’s, residential mortgage loan servicer’s, or mortgage loan originator’s license if the licensee fails to comply with any order issued under Section 50318, 50319, 50321, 50322, or 50503. The commissioner shall not revoke the license if, within 10 days from the effective date of the revocation order, the licensee secures a court order restraining the
  enforcement of the commissioner’s revocation order.

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The commissioner may immediately revoke the residential mortgage lender’s, residential mortgage loan servicer’s, or mortgage loan originator’s license if the licensee fails to comply with any order issued under Section 50318, 50319, 50321, 50322, or 50503. The commissioner shall not revoke the license if, within 10 days from the effective date of the revocation order, the licensee secures a court order restraining the
enforcement of the commissioner’s revocation order.

Legislative History

Amended by Stats. 2009, Ch. 160, Sec. 76. (SB 36) Effective October 11, 2009.

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California § 50325., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/50325..