California Financial Code CHAPTER 3 - Licensing

  • Section 12200.
    No person shall engage in the business, for compensation, of selling checks, drafts, money orders, or other commercial paper serving the same purpose, or of...
  • Section 12200.1.
    A license to engage in the business of selling checks, drafts, or money orders, or of receiving money as agent of an obligor for the...
  • Section 12200.2.
    A license as a business agent or special prorater may be issued to an individual.(Added by Stats. 1959, Ch. 367.)
  • Section 12200.3.
    No licensee under this division shall engage in the business of selling checks, drafts, or money orders, or other commercial paper serving the same purpose...
  • Section 12200.5.
    The commissioner shall classify and license applicants for a proraters license in accordance with the nature of their existing or proposed business and the extent...
  • Section 12201.
    (a) An application for a license shall be in writing, under oath, and in a form prescribed by the commissioner and shall contain the name, and...
  • Section 12202.
    If the business is to be conducted at a specific address or addresses, the address or addresses at which the business is to be conducted...
  • Section 12203.
    If the business is to be conducted from a mobile unit, the California state registration number or other identification of such mobile unit and the...
  • Section 12204.
    The application shall specify the type of business for which a license is requested and shall also contain such other information as the commissioner may...
  • Section 12205.
    (a) A licensed bill payer, general prorater, or special prorater who does not qualify to make use of agencies in the conduct of its business at...
  • Section 12206.
    (a) If the applicant is to engage in the business of receiving money for the purpose of paying bills, invoices or accounts of an obligor, the...
  • Section 12207.
    The bond shall be approved by the commissioner. The bond shall run to the state for the use of the state and of any person...
  • Section 12208.
    The bond shall be conditioned that the obligor will faithfully conform to and abide by the provisions of this division and of all rules and...
  • Section 12209.
    The bond shall remain in force and effect until the surety is released from liability by the commissioner, or until the bond is canceled by...
  • Section 12212.
    No action may be brought on the bond by any person after the expiration of two years from the time when the act or default...
  • Section 12213.
    When an action is commenced on the bond of a licensee the commissioner may require the filing of a new bond, and immediately upon the...
  • Section 12214.
    (a) An applicant at the time of filing an application for a license under this division shall pay to the commissioner the sum of fifty dollars...
  • Section 12216.
    (a) Upon the filing of the application and the payment of the fees and the approval of the bond, the commissioner shall investigate and examine the...
  • Section 12217.
    Each license shall state the following:(a) The name of the licensee, and if the licensee is a partnership or association the names of the members, or...
  • Section 12218.
    The license shall be kept conspicuously posted in the principal place of business of the licensee.(Amended by Stats. 1955, Ch. 339.)
  • Section 12219.
    The license is not transferable or assignable.(Enacted by Stats. 1951, Ch. 364.)
  • Section 12220.
    The commissioner may by regulation require licensees to file at such times as he may specify such information as the commissioner may reasonably require regarding...
  • Section 12221.
    Upon reasonable notice and opportunity to be heard, the commissioner may deny the application for the license for any of the following reasons:(a) A false statement...
  • Section 12223.
    The commissioner may require a licensee, in addition to the bond provided in Section 12206, to obtain an adequate fidelity bond for each officer, employee,...
  • Section 12225.
    The commissioner may issue a duplicate of a license that has been lost, stolen, or destroyed, or for a certificate which the licensee desires to...

Last modified: October 22, 2018