Fin. Code, § 100006.5 · Article 1. Commissioner on Financial Protection and Innovation
Fin. Code, § 100006.5
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) The Debt Collection Licensing Fund is hereby established within the state treasury.
(b) All licensing fees collected shall be deposited into the Fees Account which is hereby established within the fund.
(c) All fines and penalties collected shall be deposited into the Penalties Account which is hereby established within the fund.
(d) All monies deposited into the fund shall be available to the commissioner, upon appropriation by the Legislation, for the purposes of this division.
Notes and commentary — not statutory text
History
Added by Stats. 2020, Ch. 163, Sec. 3. (SB 908) Effective January 1, 2021. Operative January 1, 2022, pursuant to Sec. 100000.5.
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=100006.5.
- Text hash
- sha256 410e361c022f66945ff30bb40c38ce6a4ebd62a83be7955648a51390cc97ecf6
- 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
Cited by 1 provision
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Financial Code
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