California § 50144 - A mortgage loan originator shall comply with the requirements of this section on
Full text of California Public Contract Code - PCC § 50144 — A mortgage loan originator shall comply with the requirements of this section on, with citation guidance and answers to common questions.
§ 50144. A mortgage loan originator shall comply with the requirements of this section on
(a) A mortgage loan originator shall comply with the requirements of this section on or before December 31 of every year. (b) The minimum standards for license renewal for mortgage loan originators shall include the following: (1) The mortgage loan originator continues to meet the minimum standards for license issuance under Section 50141. (2) The mortgage loan originator has satisfied the annual continuing education requirements described in Section 50145. (3) The mortgage loan originator, or the residential mortgage lender or servicer employing the mortgage loan originator, has paid all required fees for renewal of the license. (4) The license of a mortgage loan originator failing to satisfy the minimum standards for license renewal shall expire at midnight on December 31, except as provided in Section 50145. The commissioner may adopt procedures for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50144
What does Public Contract Code - PCC § 50144 cover?
Section 50144 ("A mortgage loan originator shall comply with the requirements of this section on") 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 § 50144?
A common citation format is "Public Contract Code - PCC § 50144" (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 § 50144 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.