DIVISION 9. CALIFORNIA FINANCING LAW 22000-22780›CHAPTER 4. Revocation and Penalties 22700-22780›ARTICLE 2. Consumer Loan Penalties 22750-22758

§ 22757

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

A finance lender, broker, or mortgage loan originator licensed under this division shall not pay any commission, fee, or other compensation to an unlicensed individual for conducting activities that require a license, unless that unlicensed individual is exempt from licensure pursuant to this division.

(Added by Stats. 2012, Ch. 264, Sec. 7. (AB 2666) Effective January 1, 2013.)

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California Financial Code

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