{"code":"FIN","codeName":"Financial Code","section":"28118","citation":"Fin. Code, § 28118","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 12.5. Student Loan Servicing Act [28100. - 28182.]","url":"https://blackletter.si/financial-code/division-12.5"},{"name":"CHAPTER 2. Licensing [28106. - 28125.2.]","url":"https://blackletter.si/financial-code/division-12.5/chapter-2"},{"name":"ARTICLE 2. Application for License [28112. - 28124.]","url":"https://blackletter.si/financial-code/division-12.5/chapter-2/article-2"}],"history":"Added by Stats. 2016, Ch. 824, Sec. 2.   (AB 2251)   Effective January 1, 2017.   Operative July 1, 2018, pursuant to Section 28182.","effective":"2017-01-01","html":"<p>The commissioner shall, when the application is complete, including having received the information from the Department of Justice, either grant a license pursuant to this division or provide a written explanation for the denial.</p>","text":"The commissioner shall, when the application is complete, including having received the information from the Department of Justice, either grant a license pursuant to this division or provide a written explanation for the denial.","otherVersions":[],"url":"https://blackletter.si/financial-code/application-for-license-28118","source":"California Legislative Information bulk export (pubinfo)"}