Bill Text: CA SB892 | 2019-2020 | Regular Session | Introduced


Bill Title: California Financing Law.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-02-06 - Referred to Com. on RLS. [SB892 Detail]

Download: California-2019-SB892-Introduced.html


CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Senate Bill
No. 892


Introduced by Senator Chang

January 28, 2020


An act to amend Section 22150 of the Financial Code, relating to finance lenders.


LEGISLATIVE COUNSEL'S DIGEST


SB 892, as introduced, Chang. California Financing Law.
Existing law, the California Financing Law, provides for the licensure and regulation of finance lenders and brokers by the Commissioner of Business Oversight. Existing law authorizes the commissioner to make general rules and regulations, and specific rulings, demands, and findings for the enforcement of that law, as specified.
This bill would make a nonsubstantive change to the latter provision.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 22150 of the Financial Code is amended to read:

22150.
 The commissioner may make general rules and regulations and specific rulings, demands, and findings for regarding the enforcement of this division, in addition to, and within the general purposes of, this division.

feedback