(a) The revocation, suspension, expiration, or surrender of any license does not impair or affect the obligation of any preexisting lawful contract between the licensee and any borrower.
(b) This section shall remain in effect only until January 1, 2019, and as of that date is repealed.
(Amended by Stats. 2017, Ch. 475, Sec. 82. (AB 1284) Effective October 4, 2017. Repealed as of January 1, 2019, by its own provisions. See later operative version added by Stats. 2017, Ch. 475.)
Last modified: October 25, 2018