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DIVISION 1. FINANCIAL INSTITUTIONS 99-819›CHAPTER 6. Enforcement 550-595›ARTICLE 2. Actions Involving the Conduct of Business by Unauthorized Persons 560-567

§ 567

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

If the commissioner finds that a person has conducted, or that there is reasonable cause to believe that a person is about to conduct, business that requires a license issued by the commissioner and that person has not been issued the required license, the commissioner may, without any prior notice or hearing, order the person to cease and desist from conducting any unauthorized business unless and until the person is issued a license to engage in appropriate licensee business.

(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)

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