DIVISION 9. CALIFORNIA FINANCING LAW 22000-22780.1›CHAPTER 1. General Provisions 22000-22172›ARTICLE 4. Regulations 22150-22172

§ 22157

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

(a) Finance lender, broker, and mortgage loan originator licensees shall preserve their books, accounts, and records, if any, for at least three years after making the final entry on any loan recorded therein.

(b) Except as otherwise specified by applicable law, including paragraph (3) of subdivision (b) of Section 5913 of the Streets and Highways Code, program administrator licensees shall preserve their books, accounts, and records for at least three years after the extinguishment of a PACE assessment is recorded therein.

(Amended (as added by Stats. 2017, Ch. 475, Sec. 54) by Stats. 2018, Ch. 813, Sec. 4. (AB 2063) Effective January 1, 2019.)

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California Financial Code

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