Corpus browser
179663 records-
Open
Financial Code - FIN - FIN § 27001
Financial Code - FIN - FIN § 27001
Insurance companies, personal finance companies, mortgage companies, mortgage insurance companies, building and loan associations, trust companies, fiduciaries, fiduciary institutions, or public or private agencies may invest in, or purchase obligations of national mortgage assoc
-
Open
Financial Code - FIN - FIN § 27002
Financial Code - FIN - FIN § 27002
Insurance companies, personal finance companies, mortgage companies, or mortgage insurance companies may make, invest in, or purchase loans or advances of credit insured by the Federal Housing Administrator.
-
Open
Financial Code - FIN - FIN § 27003
Financial Code - FIN - FIN § 27003
Insurance companies, personal finance companies, mortgage companies, mortgage insurance companies, building and loan associations, or trust companies may make such loans secured by real property or leasehold, as the Federal Housing Administrator insures, or makes a commitment to
-
Open
Financial Code - FIN - FIN § 27004
Financial Code - FIN - FIN § 27004
No law of this State, prescribing the nature, amount or form of security or requiring security upon which loans or investments may be made, or prescribing or limiting interest rates upon loans or advances of credit or prescribing or limiting the period for which loans or investme
-
Open
Financial Code - FIN - FIN § 27050
Financial Code - FIN - FIN § 27050
Wherever, by statute of this State, collateral is required as security for the deposit of public or other funds, or deposits are required to be made with any public official or department, or an investment of capital or surplus, or a reserve or other fund, is required to be maint
-
Open
Financial Code - FIN - FIN § 28000
Financial Code - FIN - FIN § 28000
(a) Pursuant to the authority contained in Section 1 of Article XV of the State Constitution, and subject to subdivision (b), educational institutions of collegiate grade are authorized to make loans or forbearances to finance student educational expenses including tuition, room,
-
Open
Financial Code - FIN - FIN § 28001
Financial Code - FIN - FIN § 28001
This division shall not apply to community colleges.
-
Open
Financial Code - FIN - FIN § 28100
Financial Code - FIN - FIN § 28100
This division may be known and cited as the “Student Loan Servicing Act.”
-
Open
Financial Code - FIN - FIN § 28102
Financial Code - FIN - FIN § 28102
(a) No person shall engage in the business of servicing a student loan in this state without first obtaining a license pursuant to this division. A license shall not be transferable or assignable. (b) This division shall not apply to any of the following: (1) A bank, trust compan
-
Open
Financial Code - FIN - FIN § 28104
Financial Code - FIN - FIN § 28104
For the purposes of this division, the following terms have the following meanings: (a) “Applicant” means a person applying for a license pursuant to this division. (b) “Borrower” means either of the following: (1) A person who has received or agreed to pay a student loan. (2) A
-
Open
Financial Code - FIN - FIN § 28106
Financial Code - FIN - FIN § 28106
(a) The commissioner shall administer the provisions of this division and may promulgate rules and regulations and issue orders consistent with that authority. (b) Without limitation, the functions, powers, and duties of the commissioner include all of the following: (1) To issue
-
Open
Financial Code - FIN - FIN § 28108
Financial Code - FIN - FIN § 28108
(a) The commissioner shall have the authority to conduct investigations and examinations of an applicant or licensee as follows: (1) For purposes of determining whether an applicant is eligible for a license, or that a licensee is complying with the provisions of this division or
-
Open
Financial Code - FIN - FIN § 28110
Financial Code - FIN - FIN § 28110
(a) Notwithstanding any other law, the commissioner may by rule or order prescribe circumstances under which to accept electronic records or electronic signatures. This section shall not be deemed to require the commissioner to accept electronic records or electronic signatures.
-
Open
Financial Code - FIN - FIN § 28111
Financial Code - FIN - FIN § 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 the commissioner through the Nationwide Multistate Licensing System & Registry. (b) The commissioner may require an applic
-
Open
Financial Code - FIN - FIN § 28112
Financial Code - FIN - FIN § 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 by the commissioner and signed under penalty of perjury. (b) The sum of one hundred dollars ($100) as a fee for investigat
-
Open
Financial Code - FIN - FIN § 28114
Financial Code - FIN - FIN § 28114
(a) The commissioner shall submit to the Department of Justice fingerprint images and related information required by the Department of Justice of every applicant for a license for purposes of obtaining information as to the existence and content of a record of state or federal c
-
Open
Financial Code - FIN - FIN § 28116
Financial Code - FIN - FIN § 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 its general partners and individuals owning or controlling, directly or indirectly, 10 percent or more of the outstandin
-
Open
Financial Code - FIN - FIN § 28117
Financial Code - FIN - FIN § 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 irrevocably appointing the commissioner to be the applicant’s or licensee’s attorney, to receive service of any lawful process
-
Open
Financial Code - FIN - FIN § 28118
Financial Code - FIN - FIN § 28118
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.
-
Open
Financial Code - FIN - FIN § 28120
Financial Code - FIN - FIN § 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 2 of the Government Code. (b) The commissioner may deny an application for a license for any of the following reasons: (1
-
Open
Financial Code - FIN - FIN § 28122
Financial Code - FIN - FIN § 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 commissioner or department during an investigation of the application. (b) The commissioner shall notify the applicant, in writing
-
Open
Financial Code - FIN - FIN § 28124
Financial Code - FIN - FIN § 28124
A license shall remain effective until the license is either suspended or revoked by the commissioner or surrendered by the licensee.
-
Open
Financial Code - FIN - FIN § 28125
Financial Code - FIN - FIN § 28125
(a) The commissioner is authorized to establish relationships or contracts with the Nationwide Multistate Licensing System & Registry or other entities designated by the Nationwide Multistate Licensing System & Registry to collect and maintain records and process transaction fees
-
Open
Financial Code - FIN - FIN § 28125.1
Financial Code - FIN - FIN § 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 Act of 1977 (Chapter 1 (commencing with Section 1798) of Part 4 of Division 3 of the Civil Code) regarding the privacy or
-
Open
Financial Code - FIN - FIN § 28125.2
Financial Code - FIN - FIN § 28125.2
The commissioner shall report regularly violations of this division, as well as enforcement actions and other relevant information, to the Nationwide Multistate Licensing System & Registry, to the extent that the information is a public record.