At any time, if the commissioner deems it necessary for the general welfare of the public, he or she may exercise any power set forth in this division with respect to a money transmission business, regardless of whether an application for a license has been filed with the commissioner, a license has been issued, or, if issued, the license has been surrendered, suspended, or revoked.
(Added by Stats. 2014, Ch. 499, Sec. 17. (AB 2209) Effective January 1, 2015.)
Last modified: October 25, 2018