California Financial Code

§ 50125

FIN § 50125 Effective Oct 11, 2009Div. 20 · Ch. 2

The commissioner may refuse to issue a residential mortgage lender or servicer license if any of the following apply:

(a)The applicant is not in material compliance with a provision of this division or an order or rule of the commissioner.

(b)The commissioner cannot make the findings specified in subdivision (c) of Section 50121.

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Legislative history

Amended by Stats. 2009, Ch. 160, Sec. 55. (SB 36) Effective October 11, 2009.