California § 50125 - The commissioner may refuse to issue a residential mortgage lender or servicer li
Full text of California Public Contract Code - PCC § 50125 — The commissioner may refuse to issue a residential mortgage lender or servicer li, with citation guidance and answers to common questions.
§ 50125. The commissioner may refuse to issue a residential mortgage lender or servicer li
The commissioner may refuse to issue a residential mortgage lender or servicer license if any of the following apply: (a) The applicant is not in material compliance with a provision of this division or an order or rule of the commissioner. (b) The commissioner cannot make the findings specified in subdivision (c) of Section 50121. (c) A material requirement for issuance of a license has not been met.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50125
What does Public Contract Code - PCC § 50125 cover?
Section 50125 ("The commissioner may refuse to issue a residential mortgage lender or servicer li") 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 § 50125?
A common citation format is "Public Contract Code - PCC § 50125" (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 § 50125 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.