California Laws: Financial Code Sections 1800-1827
- California Laws: Financial Code Section 1800
(a) It is the intent of the Legislature in enacting this chapter to protect the people of this state from being victimized by unscrupulous practices...
- California Laws: Financial Code Section 1800.3
(a) No person shall engage in the business of receiving money for the purpose of transmitting the same or its equivalent to foreign countries without...
- California Laws: Financial Code Section 1800.4
The receipt of money by an incorporated telegraph company, or its agents, for immediate transmission by telegraph to foreign countries shall be exempt from licensure...
- California Laws: Financial Code Section 1800.5
For the purposes of this chapter: (a) (1) "Receiving money for transmission" means receiving money for the purpose of transmitting the same or its equivalent...
- California Laws: Financial Code Section 1800.7
(a) As used in this section, "designated person" means any agent, any applicant, the officers, directors, and controlling persons of any applicant or agent, and...
- California Laws: Financial Code Section 1800.9
The commissioner may impose on any authorization, approval, license, or order issued pursuant to this chapter any conditions that he or she deems reasonable or...
- California Laws: Financial Code Section 1801
(a) Fees shall be paid to, and collected by, the commissioner, as follows: (1) The fee for filing with the commissioner an application for a...
- California Laws: Financial Code Section 1801.1
Each fiscal year the commissioner shall levy an assessment on a pro rata basis on those licensees which at any time during the preceding calendar...
- California Laws: Financial Code Section 1802
(a) An application for a license shall be in writing, under oath, and in a form prescribed by the commissioner. It shall contain the name...
- California Laws: Financial Code Section 1802.2
If the commissioner finds, with respect to an application for a license: (a) That the applicant has adequate capital as specified in Section 1814 to...
- California Laws: Financial Code Section 1802.6
The license is not transferable or assignable. ...
- California Laws: Financial Code Section 1802.7
If the application is approved by the commissioner he or she shall, upon the payment of the license fees, issue and deliver to the applicant...
- California Laws: Financial Code Section 1802.8
(a) Before any applicant is issued a license the applicant shall file with the commissioner, in the form required by the commissioner, an irrevocable consent...
- California Laws: Financial Code Section 1803
No licensee shall appoint or continue any person as an agent, unless the licensee and the person have made a written contract which contains each...
- California Laws: Financial Code Section 1803.5
(a) Except as provided in subdivision (b), no person shall act as an agent of a licensee, or act in any other similar capacity, and...
- California Laws: Financial Code Section 1804
(a) No person shall, directly or indirectly, acquire control of a licensee unless the commissioner has first approved in writing of the acquisition of control....
- California Laws: Financial Code Section 1805
(a) For the purposes of this section "branch office" means any office in this state, other than the headquarters office of a licensee or agent,...
- California Laws: Financial Code Section 1805.5
A licensee shall not change the location of a branch office without notifying the commissioner and the public in the manner as the commissioner directs...
- California Laws: Financial Code Section 1807
(a) The commissioner may by order or regulation grant exemptions from this section in cases where the commissioner finds that the requirements of this section...
- California Laws: Financial Code Section 1807.5
(a) Each licensee and each agent of a licensee shall make, keep, and preserve within the United States such books, accounts, and other records in...
- California Laws: Financial Code Section 1808
(a) The commissioner may at any time and from time to time examine the business and any office, within or outside this state, of any...
- California Laws: Financial Code Section 1809
(a) Each licensee shall file with the commissioner a certified copy of every receipt form used by it or by its agents for money received...
- California Laws: Financial Code Section 1810
(a) Every licensee or its agent shall forward all moneys received for transmission to a foreign country or give instructions committing equivalent funds to the...
- California Laws: Financial Code Section 1810.5
(a) Every licensee or its agent shall refund to the customer within 10 days of receipt of the customer's written request for a refund any...
- California Laws: Financial Code Section 1811
(a) As security for the timely and proper delivery of transmission money received by it, each licensee subject to the order of the commissioner, shall...
- California Laws: Financial Code Section 1812
In lieu of the deposit of cash or securities pursuant to Section 1811, a licensee may deliver to the commissioner the bond of a surety...
- California Laws: Financial Code Section 1813
The money and securities deposited with the State Treasurer pursuant to Section 1811 and the proceeds of any bond held by the State Treasurer pursuant...
- California Laws: Financial Code Section 1814
(a) Each licensee shall at all times maintain tangible shareholders' equity determined to be adequate by the commissioner of at least five hundred thousand dollars...
- California Laws: Financial Code Section 1815
(a) The receipt presented to each customer for each transaction pursuant to subdivision (b) of Section 1810.5 shall clearly state the rate of exchange for...
- California Laws: Financial Code Section 1816
All funds, less fees, received by a licensee or its agents for transmission to a foreign country shall constitute trust funds owned by and belonging...
- California Laws: Financial Code Section 1817
If it appears to the commissioner that a licensee is violating or failing to comply with any law of this state, the commissioner may direct...
- California Laws: Financial Code Section 1818
If upon any hearing held pursuant to Section 1817 the commissioner finds that the licensee is violating or failing to comply with any law of...
- California Laws: Financial Code Section 1819
The commissioner may revoke or suspend any license issued pursuant to this article, if, after a hearing, he or she finds any of the following:...
- California Laws: Financial Code Section 1820
Every order, decision, or other official act of the commissioner is subject to review in accordance with law. ...
- California Laws: Financial Code Section 1821
Whenever it appears to the commissioner that: (a) Any licensee has violated any law of this state; (b) Any licensee is conducting its business in...
- California Laws: Financial Code Section 1822
Whenever the commissioner has taken possession of the property and business of any licensee, such licensee, within 10 days after such taking, if it deems...
- California Laws: Financial Code Section 1823
Every person who violates or fails to comply with this chapter, or who, without complying with this chapter, represents that he or she is authorized...
- California Laws: Financial Code Section 1824
An appeal may be taken from the judgment of the court by the commissioner or by the licensee in the manner provided by law for...
- California Laws: Financial Code Section 1825
When the commissioner takes possession of the property or business of any licensee for the purpose of liquidation or conservation, the commissioner shall liquidate or...
- California Laws: Financial Code Section 1826
Any person who violates this chapter shall be liable to the people of the State of California in an action brought by the commissioner for...
- California Laws: Financial Code Section 1827
(a) No agent of a licensee who has actual notice that the commissioner has suspended or revoked the license of a licensee or that the...
