CHAPTER 2. Licensing [28106. - 28125.2.]

Chapter 2 added by Stats. 2016, Ch. 824, Sec. 2.

§§ 28106–28125.2 · 15 sections

1. ARTICLE 1. Commissioner of Financial Protection and Innovation §§ 28106–28111 · 4 sections

   • § 28106 (a) The commissioner shall administer the provisions of this division and may promulgate rules and regulations and issue orders consistent with that authority.…
   • § 28108 (a) The commissioner shall have the authority to conduct investigations and examinations of an applicant or licensee as follows: (1) For purposes of…
   • § 28110 (a) Notwithstanding any other law, the commissioner may by rule or order prescribe circumstances under which to accept electronic records or electronic…
   • § 28111 (a) The commissioner may require an applicant for a student loan servicer license or a student loan servicer licensee to make some or all of the filings with…
2. ARTICLE 2. Application for License §§ 28112–28124 · 8 sections

   • § 28112 An applicant shall apply for a license by submitting all of the following to the commissioner: (a) A completed application for a license in a form prescribed…
   • § 28114 (a) The commissioner shall submit to the Department of Justice fingerprint images and related information required by the Department of Justice of every…
   • § 28116 (a) Upon the filing of an application for a license pursuant to Section 28112 and the payment of the fees, the commissioner shall investigate the applicant and…
   • § 28117 (a) Before an applicant is issued a license, the applicant shall file with the commissioner, in such form as the commissioner may require, an appointment…
   • § 28118 The commissioner shall, when the application is complete, including having received the information from the Department of Justice, either grant a license…
   • § 28120 (a) The proceedings for a denial of a license shall be conducted in accordance with Chapter 5 (commencing with Section 11500) of Part 1 of Division 3 of Title…
   • § 28122 (a) The commissioner may deem an application for a license abandoned if the applicant fails to respond to any request for information required by the…
   • § 28124 A license shall remain effective until the license is either suspended or revoked by the commissioner or surrendered by the licensee.
3. ARTICLE 3. Nationwide Multistate Licensing System and Registry §§ 28125–28125.2 · 3 sections

   • § 28125 (a) The commissioner is authorized to establish relationships or contracts with the Nationwide Multistate Licensing System & Registry or other entities…
   • § 28125.1 (a) Except as otherwise provided in Section 1512 of the SAFE Act (12 U.S.C. Sec. 5111(a)), the requirements under any federal law or the Information Practices…
   • § 28125.2 The commissioner shall report regularly violations of this division, as well as enforcement actions and other relevant information, to the Nationwide…