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AB-1159 California Financing Law.(2019-2020)

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Date Published: 02/21/2019 09:00 PM
AB1159:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Assembly Bill
No. 1159


Introduced by Assembly Member Burke

February 21, 2019


An act to amend Section 22000 of the Financial Code, relating to financial institutions.


LEGISLATIVE COUNSEL'S DIGEST


AB 1159, as introduced, Burke. California Financing Law.
The California Financing Law provides for the licensure and regulation of finance lenders, brokers, and program administrators by the Commissioner of Business Oversight.
This bill would make nonsubstantive changes to that law.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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


SECTION 1.

 Section 22000 of the Financial Code is amended to read:

22000.
 This division is known known, and may be cited as cited the “California Financing Law.”