California Financial Code

§ 100000.5

FIN § 100000.5 Effective Sep 27, 2022Div. 25 · Ch. 1 · Art. 1

Statute text

(a)The commissioner shall allow any debt collector that submits an application before January 1, 2023, to operate pending the approval or denial of the application.

(b)(1) Notwithstanding Section 100011, the commissioner may issue a conditional license to an applicant pending compliance with the requirements of subdivisions (a) to (c), inclusive, of Section 100008.

(2)A conditional license issued pursuant to this subdivision shall expire at the earliest of the following:

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Legislative history

Amended by Stats. 2022, Ch. 569, Sec. 10. (AB 156) Effective September 27, 2022.