Cal. Financial Code § 2122
Cal. Financial Code § 2122
California · California Financial Code · Status: effective · Effective 2012-01-01
Cite this
- Citation
- Cal. Financial Code § 2122, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/813480
- Permanent ID
ys:prov:813480@1- SHA-256
a66ad3c0d05297ed5d65ba145263ea623bc84dd7e6588f64bfd2219f97e221ff
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
A licensee shall file a report with the commissioner within five business days after the licensee has reason to know of the occurrence any of the following events:
(a) The filing of a petition by or against the licensee under the United States Bankruptcy Code (11 U.S.C. Secs. 101-110, incl.) for bankruptcy or reorganization.
(b) The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors.
(c) The commencement of a proceeding to revoke or suspend its license in a state or country in which the licensee engages in business or is licensed.
(d) The cancellation or other impairment of the licensee’s bond or other security.
(e) A charge or conviction of the licensee or of an executive officer, manager, director, or person in control of the licensee for a felony.
(f) A charge or conviction of an agent for a felony.