DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS 12000-12404›CHAPTER 4. Licensee Regulations 12300-12332
§ 12328
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
(a) No collection agency may be maintained in the same premises as a prorating organization unless such prorating organization is exempt under the provisions of this division.
(b) No prorater’s license shall be issued to a collection agency.
(Added by Stats. 1957, Ch. 498.)
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