Fin. Code, § 100000.5 · Article 1. Short Title
Fin. Code, § 100000.5
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) The commissioner shall allow any debt collector that submits an application before January 1, 2023, to operate pending the approval or denial of the application.
(b) (1) Notwithstanding Section 100011, the commissioner may issue a conditional license to an applicant pending compliance with the requirements of subdivisions (a) to (c), inclusive, of Section 100008.
(2) A conditional license issued pursuant to this subdivision shall expire at the earliest of the following:
(A) Ninety days after the requirements of Sections 100007, 100008, and 100009 have been satisfied.
(B) Upon the issuance of an unconditional license.
(C) Ninety days after the commissioner directs the licensee in writing to submit fingerprints for submission to the Department of Justice pursuant to Section 100008, if the licensee fails to submit a set of fingerprints for each individual described in Section 100009.
(D) Upon the denial, pursuant to Section 100012, of a license application.
(c) The commissioner may deny an application under Section 100012 at any time before the issuance of an unconditional license.
Notes and commentary — not statutory text
History
Amended by Stats. 2022, Ch. 569, Sec. 10. (AB 156) Effective September 27, 2022.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=100000.5.
- Text hash
- sha256 d8d3481ce1eb485ff98c054ccc3012a7b06465254ed829e5210ac8052602459d
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Financial Code
- Fin. Code, § 100007Printed as Sections 100007, 100008, and 100009
- Fin. Code, § 100008Printed as Section 100008 | Sections 100007, 100008, and 100009
- Fin. Code, § 100009Printed as Section 100009 | Sections 100007, 100008, and 100009
- Fin. Code, § 100011Printed as Section 100011
- Fin. Code, § 100012Printed as Section 100012
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.