Source: http://www.dbo.ca.gov/ENF/decisions/
Timestamp: 2019-04-21 02:59:07+00:00

Document:
As authorized by Government Code § 11425.60, the Department of Corporations designated six administrative decisions as precedent decisions. To view and print the decisions, connect to Adobe’s website and complete "ALL" download steps. This is a one-time setup. After completion of setup, you will have the ability to view and print ANY PDF file. You can download the PDF document to your system to view, or you can view the document on-line.
Summary: Cease & Desist order issued under Financial Code § 17416 upheld, despite FC § 17006(a)(4) (real estate broker's exemption), for operator of "escrow divisions" for contracting brokers.
Summary: Desist & Refrain Order issued under Corporations Code § 31402 upheld; provides precedent re existence of a "marketing plan".
Summary: Preponderance of the evidence sufficient to justify revocation,pursuant to Financial Code § 22714(a)(3), of License issued under California Finance Lenders Law where president of Licensee had falsely represented, on application form, that he had never received an administrative order and where he had refused to provide the Department’s examiners with access to Licensee records.
Summary: Desist & Refrain order issued under Corporations Code § 25532 upheld based on finding that a "contract for website stores" was an "investment contract" under "traditional" analysis; expands concept of reliance upon efforts of others.
Summary: Desist & Refrain order issued under Corporations Code § 25532 upheld based on finding that "membership interests" in "internet-based" organization were "investment contract" securities under both "traditional" and "risk capital" analyses.
Summary: Order to bar from any position of employment, management or control of any escrow agent pursuant to California Financial Code section 17423 of the Escrow Law.
Summary: Order to desist and refrain from inducing a customer to sell securities in order to purchase an annuity fund and acting as an investment adviser without possessing a certificate from the Corporations Commissioner.
Summary: Desist and refrain from advertising for a deferred deposit originator, referring customers to a deferred deposit originator, and processing payday loan applications on behalf of a deferred deposit originator without first obtaining a License from the Corporations Commissioner.
A decision may not be expressly relied on as precedent unless it is designated as a precedent decision by the agency. (b) An agency may designate as a precedent decision a decision or part of a decision that contains a significant legal or policy determination of general application that is likely to recur. Designation of a decision or part of a decision as a precedent decision is not rulemaking and need not be done under Chapter 3.5 (commencing with Section 11340). An agency's designation of a decision or part of a decision, or failure to designate a decision or part of a decision, as a precedent decision is not subject to judicial review.
An agency shall maintain an index of significant legal and policy determinations made in precedent decisions. The index shall be updated not less frequently than annually, unless no precedent decision has been designated since the last preceding update. The index shall be made available to the public by subscription, and its availability shall be publicized annually in the California Regulatory Notice Register.
This section applies to decisions issued on or after July 1, 1997. Nothing in this section precludes an agency from designating and indexing as a precedent decision a decision issued before July 1, 1997.

References: § 11425
 § 17416
 § 17006
 § 31402
 § 22714
 § 25532
 § 25532