California Financial Code

§ 100012

FIN § 100012 Effective Jan 1, 2021Div. 25 · Ch. 2 · Art. 2

Statute text

(a)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 3 of Title 2 of the Government Code.

(b)After notice and an opportunity for a hearing the commissioner may deny an application for a license for any of the following reasons:

(1)A false statement of a material fact has been made in the application.

…

Legislative history

Added by Stats. 2020, Ch. 163, Sec. 3. (SB 908) Effective January 1, 2021. Operative January 1, 2022, pursuant to Sec. 100000.5.