California § 22700 - Finance lender, broker, and program administrator licenses issued under this divi
Full text of California Public Contract Code - PCC § 22700 — Finance lender, broker, and program administrator licenses issued under this divi, with citation guidance and answers to common questions.
§ 22700. Finance lender, broker, and program administrator licenses issued under this divi
(a) Finance lender, broker, and program administrator licenses issued under this division shall remain in effect until they are surrendered, revoked, or suspended. (b) Mortgage loan originator licenses issued under this division shall be renewed annually upon the payment of an annual assessment, and, if renewed by the licensee, shall remain in effect until they are surrendered, revoked, or suspended. (c) Surrender of a license becomes effective 30 days after receipt of an application to surrender the license or within a shorter period of time that the commissioner may determine, unless a revocation or suspension proceeding is pending when the application is filed or a proceeding to revoke or suspend or to impose conditions upon the surrender is instituted within 30 days after the application is filed. If a proceeding is pending or instituted, surrender of a license becomes effective at the time and upon the conditions that the commissioner determines. (d) This section shall become operative on January 1, 2019.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 22700
What does Public Contract Code - PCC § 22700 cover?
Section 22700 ("Finance lender, broker, and program administrator licenses issued under this divi") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 22700?
A common citation format is "Public Contract Code - PCC § 22700" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 22700 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.