ARTICLE 2. Exemptions [22050. - 22068.]
Article 2 added by Stats. 1994, Ch. 1115, Sec. 2.
§§ 22050–22068 · 20 sections
- § 22050 (a) This division does not apply to any person doing business under any law of any state or of the United States relating to banks, trust companies, savings…
- § 22050.5 This division does not apply to any person who makes no more than one loan in a 12-month period if that loan is a commercial loan as defined in Section 22502.
- § 22051 This division does not apply to the following: (a) Any nonprofit cooperative association organized under Chapter 1 (commencing with Section 54001) of Division…
- § 22052 This division does not apply to any loan of credit made by a person not licensed under this division pursuant to a plan having all of the following…
- § 22053 In any proceeding under this law, the burden of proving an exemption is upon the person claiming it.
- § 22054 This division does not apply to bona fide conditional contracts of sale involving the disposition of personal property when these forms of sales agreements are…
- § 22055 This division does not apply to premium financing as defined in Section 18563.
- § 22056 This division does not apply to the California Infrastructure and Economic Development Bank, any program authorized pursuant to Chapter 1 (commencing with…
- § 22057 This division does not apply to any loan that is made or arranged by any person licensed as a real estate broker by the state and secured by a lien on real…
- § 22058 This division does not apply to any cemetery broker licensed under the Cemetery Act (Chapter 19 (commencing with Section 9600) of Division 3 of the Business…
- § 22059 A license to act as a broker under this division does not authorize the licensee to negotiate or perform any act as a broker in connection with loans made or…
- § 22060 This division does not apply to a loan made or arranged by a licensed residential mortgage lender or servicer when acting under the authority of that license.
- § 22061 (a) This division does not apply to any nonprofit church extension fund. (b) For purposes of this section: (1) “Nonprofit church extension fund” means a…
- § 22062 (a) This division does not apply to either of the following: (1) A commercial bridge loan made by a venture capital company to an operating company. (2) A…
- § 22063 (a) This division does not apply to a franchise loan made by a franchisor to a franchisee or a subfranchisor or by a subfranchisor to a franchisee. (b) For…
- § 22064 (a) This division does not apply to the following: (1) A program-related investment defined in subsection (c) of Section 4944 of the Internal Revenue Code and…
- § 22065 (a) Persons not subject to this division may apply to the commissioner for an exempt company registration for the purpose of sponsoring one or more individuals…
- § 22066 (a) The Legislature finds and declares that nonprofit organizations have an important role to play in helping individuals obtain access to affordable,…
- § 22067 (a) On or before July 1 of each year, the commissioner shall post a report on the department’s internet website summarizing the information described in…
- § 22068 (a) The exemptions and exclusions in this article are not applicable to a person engaged in business as a program administrator or a PACE solicitor. (b) This…