{"code":"FIN","codeName":"Financial Code","section":"50303","citation":"Fin. Code, § 50303","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT [50000. - 50706.]","url":"https://blackletter.si/financial-code/division-20"},{"name":"CHAPTER 5. Administration and Powers of the Commissioner [50301. - 50333.]","url":"https://blackletter.si/financial-code/division-20/chapter-5"}],"history":"Amended by Stats. 2022, Ch. 452, Sec. 160.   (SB 1498)   Effective January 1, 2023.","effective":"2023-01-01","html":"<p>Neither the commissioner nor any employee of the Department of Financial Protection and Innovation shall be precluded from obtaining a residential mortgage loan from a lender licensed under this division, subject to the rules that may be adopted hereunder or pursuant to other proper authority.</p>","text":"Neither the commissioner nor any employee of the Department of Financial Protection and Innovation shall be precluded from obtaining a residential mortgage loan from a lender licensed under this division, subject to the rules that may be adopted hereunder or pursuant to other proper authority.","otherVersions":[],"url":"https://blackletter.si/financial-code/administration-and-powers-of-the-commissioner-50303","source":"California Legislative Information bulk export (pubinfo)"}