BlackletterCalifornia law

Financial Code § 12328

CHAPTER 4. Licensee Regulations

Current as of September 28, 2026Fin. Code, § 12328Official source ↗

Added by Stats. 1957, Ch. 498.

(a) No collection agency may be maintained in the same premises as a prorating organization unless such prorating organization is exempt under the provisions of this division.

(b) No prorater’s license shall be issued to a collection agency.