Cal. Financial Code § 22151
Cal. Financial Code § 22151
California · California Financial Code · Status: effective · Effective 2017-10-04
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- Citation
- Cal. Financial Code § 22151, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/815564
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Full text
(a) A finance lender license, broker license, program administrator license, and the license of every mortgage loan originator employed by a lender or finance broker, along with any currently effective order of the commissioner approving a different name pursuant to Section 22155, shall be conspicuously posted in the place of business authorized by the license.
(b) A license is not transferable or assignable. A license issued to a partnership or a limited partnership is not transferred or assigned within the meaning of this section by the death, withdrawal, or admission of a partner, general partner, or limited partner, unless the death, withdrawal, or admission dissolves the partnership to which the license was issued.
(c) This section shall become operative on January 1, 2019.