{"code":"FIN","codeName":"Financial Code","section":"22757","citation":"Fin. Code, § 22757","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. CALIFORNIA FINANCING LAW [22000. - 22780.1.]","url":"https://blackletter.si/financial-code/division-9"},{"name":"CHAPTER 4. Revocation and Penalties [22700. - 22780.1.]","url":"https://blackletter.si/financial-code/division-9/chapter-4"},{"name":"ARTICLE 2. Consumer Loan Penalties [22750. - 22758.]","url":"https://blackletter.si/financial-code/division-9/chapter-4/article-2"}],"history":"Added by Stats. 2012, Ch. 264, Sec. 7.   (AB 2666)   Effective January 1, 2013.","effective":"2013-01-01","html":"<p>A finance lender, broker, or mortgage loan originator licensed under this division shall not pay any commission, fee, or other compensation to an unlicensed individual for conducting activities that require a license, unless that unlicensed individual is exempt from licensure pursuant to this division.</p>","text":"A finance lender, broker, or mortgage loan originator licensed under this division shall not pay any commission, fee, or other compensation to an unlicensed individual for conducting activities that require a license, unless that unlicensed individual is exempt from licensure pursuant to this division.","otherVersions":[],"url":"https://blackletter.si/financial-code/consumer-loan-penalties-22757","source":"California Legislative Information bulk export (pubinfo)"}