California Financial Code Chapter 4 - Revocation of License

  • Section 17600.
    (a) An escrow agent s license remains in effect until surrendered, revoked, or suspended.(b) A licensee that ceases to engage in the business regulated by...
  • Section 17601.
    If the commissioner has reason to believe that any escrow agent is violating the provisions of this division, the commissioner may investigate the escrow agent...
  • Section 17602.
    If it appears to the commissioner that any licensed escrow agent has violated its articles of incorporation, or any law or rule binding upon it,...
  • Section 17602.5.
    If any licensed escrow agent fails to make any reports required by law or by the commissioner within ten (10) days from the day designated...
  • Section 17603.
    If it appears to the commissioner that any licensed escrow agent is conducting business in an unsafe or injurious manner, the commissioner shall, by written...
  • Section 17604.
    No order issued pursuant to Sections 17602 or 17603 may become final except after notice to any licensed escrow agent affected thereby of the intention...
  • Section 17605.
    The licensed escrow agent has ten (10) days after an order is made final in which to commence action to restrain enforcement of such order,...
  • Section 17606.
    The commissioner may immediately revoke by order the escrow agent s license if the licensee fails to comply with any order, unless the escrow agent...
  • Section 17606.1.
    The license of an escrow agent shall be deemed revoked upon the completion or closure of a court approved liquidation of the business of the...
  • Section 17607.
    (a) Whenever it appears to the commissioner that any person has engaged or is about to engage in any act or practice constituting a violation...
  • Section 17608.
    The commissioner may, after notice and a reasonable opportunity to be heard, suspend or revoke any license if he finds that:(a) The licensee has failed...
  • Section 17609.
    The revocation, suspension, surrender or expiration of an escrow agent s license does not impair or affect pre-existing escrows lawfully contracted, but nothing contained in...
  • Section 17609.1.
    The power of investigation and examination by the commissioner is not terminated by the surrender, suspension, or revocation of any license issued by him.(Added by...
  • Section 17609.2.
    Whenever the commissioner deems it necessary for the general welfare of the public, the commissioner has continuous authority to exercise the powers set forth in...

Last modified: September 9, 2016