California Financial Code ARTICLE 3 - Licensing

• Section 22100.
  (a) No person shall engage in the business of a finance lender or broker without obtaining a license from the commissioner.(b) Every licensee engaging in the business...
• Section 22100.5.
  (a) A person shall not engage in the business of a program administrator without obtaining a license from the commissioner.(b) This section shall become operative on January...
• Section 22101.
  (a) An application for a license as a finance lender or broker under this division shall be in the form and contain the information that the...
• Section 22101.a.
  (a) An application for a license as a finance lender, broker, or program administrator under this division shall be in the form and contain the information...
• Section 22101.5.
  (a) The commissioner shall submit to the Department of Justice fingerprint images and related information required by the Department of Justice of all finance lender and...
• Section 22101.5.a.
  (a) The commissioner shall submit to the Department of Justice fingerprint images and related information required by the Department of Justice of all finance lender, broker,...
• Section 22102.
  (a) A finance lender or broker licensee seeking to engage in business at a new location shall submit an application for a branch office license to...
• Section 22102.a.
  (a) A finance lender, broker, or program administrator licensee seeking to engage in business at a new location shall submit an application for a branch office...
• Section 22103.
  (a) At the time of filing the application for a finance lender, broker, or branch office license, the applicant shall pay to the commissioner the sum...
• Section 22103.a.
  (a) At the time of filing the application for a finance lender, broker, program administrator, or branch office license, the applicant shall pay to the commissioner...
• Section 22104.
  (a) The applicant shall file with the application for a finance lender or broker license financial statements prepared in accordance with generally accepted accounting principles and...
• Section 22104.a.
  (a) The applicant shall file with the application for a finance lender, broker, or program administrator license financial statements prepared in accordance with generally accepted accounting...
• Section 22105.
  (a) Upon the filing of an application pursuant to Section 22101 and the payment of the fees, the commissioner shall investigate the applicant and its general...
• Section 22105.a.
  (a) Upon the filing of an application pursuant to Section 22101 and the payment of the fees, the commissioner shall investigate the applicant and its general...
• Section 22105.1.
  (a) An applicant for a mortgage loan originator license shall apply by submitting the uniform form prescribed for such purpose by the Nationwide Mortgage Licensing System...
• Section 22105.2.
  (a) The commissioner is authorized to establish relationships or contracts with the Nationwide Mortgage Licensing System and Registry or other entities designated by the Nationwide Mortgage...
• Section 22105.3.
  (a) Except as otherwise provided in Section 1512 of the SAFE Act, the requirements under any federal or state law regarding the privacy or confidentiality of...
• Section 22105.3.a.
  (a) Except as otherwise provided in Section 1512 of the SAFE Act, the requirements under any federal or state law regarding the privacy or confidentiality of...
• Section 22105.4.
  The commissioner shall regularly report violations of this division, as well as enforcement actions and other relevant information, to the Nationwide Mortgage Licensing System and...
• Section 22106.
  (a) The finance lender or broker license shall state the name of the licensee, and if the licensee is a partnership, the names of its general...
• Section 22106.a.
  (a) The finance lender, broker, or program administrator license shall state the name of the licensee, and if the licensee is a partnership, the names of...
• Section 22107.
  (a) Each finance lender and broker licensee shall pay to the commissioner its pro rata share of all costs and expenses, including the costs and expenses...
• Section 22107.a.
  (a) Each finance lender, broker, or program administrator licensee shall pay to the commissioner its pro rata share of all costs and expenses, including the costs...
• Section 22108.
  (a) The commissioner may by rule require licensees to file, at the times that he or she may specify, the information that he or she may...
• Section 22109.
  (a) Upon reasonable notice and opportunity to be heard, the commissioner may deny the application for a finance lender or broker license for any of the...
• Section 22109.a.
  (a) Upon reasonable notice and opportunity to be heard, the commissioner may deny the application for a finance lender, broker, or program administrator license for any...
• Section 22109.1.
  (a) The commissioner shall deny an application for a mortgage loan originator license unless the commissioner makes, at a minimum, the following findings:(1) The applicant has never...
• Section 22109.2.
  (a) An applicant for a mortgage loan originator license shall complete at least 20 hours of education approved in accordance with subdivision (b). The education shall...
• Section 22109.3.
  (a) An applicant for a mortgage loan originator license shall pass a qualified written test developed or otherwise deemed acceptable by the Nationwide Mortgage Licensing System...
• Section 22109.4.
  (a) A mortgage loan originator shall comply with the requirements of this section on or before December 31 of every year.(b) The minimum standards for license renewal...
• Section 22109.5.
  (a) A licensed mortgage loan originator shall complete at least eight hours of continuing education approved in accordance with subdivision (b). The continuing education shall include...
• Section 22109.6.
  In addition to any other duties imposed upon the commissioner by law, the commissioner shall require mortgage loan originators to be licensed and registered through...
• Section 22110.
  The proceedings for a denial of a license shall be conducted in accordance with Chapter 5 (commencing with Section 11500) of Part 1 of Division...
• Section 22111.
  All money paid or collected under this division shall be deposited in the State Treasury to the credit of the State Corporations Fund. The administration...
• Section 22112.
  (a) A licensee shall maintain a surety bond in accordance with this subdivision in a minimum amount of twenty-five thousand dollars ($25,000). The bond shall be...

Last modified: October 22, 2018