Ca_Law

statute | California

Financial Code - FIN - FIN § 12200.5

  • UIDca_leginfo_codes:fin-12200-5
  • CitationFinancial Code - FIN - FIN § 12200.5
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

The commissioner shall classify and license applicants for a proraters license in accordance with the nature of their existing or proposed business and the extent of regulation required thereby in the public interest as follows: (a) A special proraters license shall be issued to

Text

The commissioner shall classify and license applicants for a proraters license in accordance with the nature of their existing or proposed business and the extent of regulation required thereby in the public interest as follows:
(a)
A special proraters license shall be issued to a qualified applicant to engage in business as a business agent.
(b)
A general proraters license shall be issued to all other qualified applicants.
Whenever the term “prorater” is used in this division with reference to a
licensee it shall be deemed to mean a general prorater unless otherwise provided.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 12200.5

    The commissioner shall classify and license applicants for a proraters license in accordance with the nature of their existing or proposed business and the extent of regulation required thereby in the public interest as follows: (a) A special proraters license shall be issued to a qualified applicant to engage in bu…