reglab/housing_qa huggingface dataset:
CA Fin Code § 21304 (2021)
2021 California Code|Financial Code - FIN|DIVISION 8 - PAWNBROKERS|CHAPTER 3 - Licensure|Section 21304.

21304.  (a) As a condition precedent to the issuing of a pawnbroker’s license, the applicant shall file with the issuing authority a financial statement confirming that the applicant has at least one hundred thousand dollars ($100,000) in the form of liquid assets readily available for use in each licensed business for which the application is made, not including real property, or, in the absence of one hundred thousand dollars ($100,000), an applicant may post a nonrevocable surety bond in the amount of one hundred thousand dollars ($100,000) or the applicant may, in lieu of posting a surety bond, deposit money, certificates, accounts, bonds, or notes, as provided in Section 995.710 of the Code of Civil Procedure. The financial statement shall be filed by the applicant under penalty of perjury and signed by a California certified public accountant verifying that he or she has reviewed the financial statement.(b) This section does not apply to any person holding a secondhand dealer’s license pursuant to Section 21641 or 21642 of the Business and Professions Code who is actively engaged as a pawnbroker on the effective date of this section.(Amended by Stats. 1997, Ch. 17, Sec. 40. Effective January 1, 1998.)
CA Fin Code § 21305 (2021)
2021 California Code|Financial Code - FIN|DIVISION 8 - PAWNBROKERS|CHAPTER 3 - Licensure|Section 21305.

21305.  A license issued pursuant to this chapter shall not be transferred or assigned.(Added by Stats. 1993, Ch. 782, Sec. 4. Effective January 1, 1994.)
CA Fin Code § 21306 (2021)
2021 California Code|Financial Code - FIN|DIVISION 8 - PAWNBROKERS|CHAPTER 3 - Licensure|Section 21306.

21306.  A pawnbroker licensed under Section 21300 is exempt from the licensing requirements under Sections 21641 and 21642 of the Business and Professions Code and may engage in any transaction involving tangible personal property for which a secondhand dealers license is required under Sections 21641 and 21642 of the Business and Professions Code. Pawnbrokers operating under this license exemption are required to conform to all other requirements of secondhand dealers for which a license is required under Sections 21641 and 21642 of the Business and Professions Code.(Added by Stats. 1993, Ch. 782, Sec. 4. Effective January 1, 1994.)
CA Fin Code § 21307 (2021)
2021 California Code|Financial Code - FIN|DIVISION 8 - PAWNBROKERS|CHAPTER 3 - Licensure|Section 21307.

21307.  Except as otherwise specifically provided, the violation of any provision of this chapter under circumstances where a person knows or should have known that a violation was being committed is a misdemeanor.(Added by Stats. 1996, Ch. 923, Sec. 12. Effective January 1, 1997.)
CA Fin Code § 22681 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22681.

22681.  (a) A program administrator shall establish and maintain a training program for PACE solicitor agents that is acceptable to the commissioner.(b) A program administrator shall require each PACE solicitor agent to complete an introductory training that addresses the topics listed in subdivision (c) as part of the program administrator’s enrollment process for PACE solicitor agents. The introductory training shall require that the PACE solicitor agent pass a test that measures the PACE solicitor agent’s knowledge and comprehension of the training material. The introductory training shall not be subject to any minimum duration requirements.(c) In addition to the introductory training, a program administrator shall require that each PACE solicitor agent complete six hours of education provided by the program administrator within three months of completing the program administrator’s enrollment process. The training shall include the following topics:(1) PACE programs and assessment contracts.(2) PACE disclosures.(3) Ethics.(4) Fraud prevention.(5) Consumer protection.(6) Nondiscrimination.(7) Senior financial abuse.(Amended by Stats. 2018, Ch. 813, Sec. 6. (AB 2063) Effective January 1, 2019.)
CA Fin Code § 22682 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22682.

22682.  (a) A program administrator shall, in the manner prescribed by the commissioner, timely notify the commissioner of each PACE solicitor and PACE solicitor agent enrolled by the program administrator.(b) A program administrator shall, in the manner prescribed by the commissioner, timely notify the commissioner of each enrollment cancellation and withdrawal of a PACE solicitor or a PACE solicitor agent pursuant to subdivision (g) of Section 22680.(Amended by Stats. 2018, Ch. 813, Sec. 7. (AB 2063) Effective January 1, 2019.)
CA Fin Code § 22683 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22683.

22683.  A program administrator shall develop and implement policies and procedures for responding to questions and addressing complaints as soon as reasonably practicable.(Added by Stats. 2017, Ch. 475, Sec. 71. (AB 1284) Effective October 4, 2017. Section operative January 1, 2019, pursuant to Section 22696.)
CA Fin Code § 22685 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22685.

22685.  (a) A program administrator shall derive market value using one of the following:(1) Automated valuation models, using the following criteria:(A) Each automated valuation model must be provided by a third-party vendor.(B) Each automated valuation model must have estimation models with confidence scores and regular statistical calibration by the third-party vendor.(C) The program administrator shall utilize at least three automated valuation models for each property. The estimated value for each model shall be the average between the high and low values, if a range is provided.(D) The program administrator shall utilize the estimated value with the highest confidence score for a property. If an automated valuation model meeting the criteria of subparagraphs (A), (B), and (C) does not obtain a confidence score for a subject property, the PACE program shall utilize the average of all estimated values.(2) An appraisal conducted within six months of the application date by a state-licensed or state-certified real estate appraiser licensed pursuant to Part 3 (commencing with Section 11300) of Division 4 of the Business and Professions Code. A program administrator may rely upon an appraisal obtained from a property owner if that appraisal was conducted in accordance with applicable laws and regulations by a state-licensed or state-certified appraiser in connection with a consumer credit transaction secured by the subject property, including the purchase or refinance of the subject property or the extension of an equity line of credit secured by the subject property.(b) The market value determination by the program administrator shall be disclosed to the property owner prior to signing the assessment contract.(Amended by Stats. 2018, Ch. 798, Sec. 6. (SB 1087) Effective January 1, 2019.)
CA Fin Code § 22686 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22686.

22686.  A program administrator shall not execute an assessment contract, and no work shall commence under a home improvement contract that is financed by that assessment contract nor shall that home improvement contract be executed unless the program administrator makes a reasonable good faith determination that the property owner has a reasonable ability to pay the annual payment obligations for the PACE assessment.(Amended by Stats. 2018, Ch. 813, Sec. 9. (AB 2063) Effective January 1, 2019.)
CA Fin Code § 22688 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22688.

22688.  A program administrator shall be subject to all provisions of the California Financial Information Privacy Act (Division 1.4 (commencing with Section 4050)) that are applicable to financial institutions.(Amended by Stats. 2018, Ch. 798, Sec. 8. (SB 1087) Effective January 1, 2019.)
CA Fin Code § 22689 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22689.

22689.  (a) A program administrator shall not permit a PACE solicitor to do any of the following:(1) Solicit a property owner to enter into an assessment contract with a program administrator, unless the PACE solicitor and the program administrator comply with the requirements of this chapter and any rules adopted by the commissioner.(2) Engage in any act in violation of Section 5898.16 or 5898.17 of the Streets and Highways Code or Chapter 29.1 (commencing with Section 5900) of Part 3 of Division 7 of the Streets and Highways Code, including offering an assessment contract with terms, conditions, or disclosures that are not in compliance with applicable laws or that omits terms, conditions, or disclosures required by applicable law, excepting the reporting requirements of Section 5954 of the Streets and Highways Code.(b) A program administrator shall be subject to the enforcement authority of the commissioner for any violations of this division, to the extent those violations have been committed by the program administrator or by a PACE solicitor authorized by that program administrator, in connection with activity related to that program administrator.(c) A violation of any provision of Section 5898.16 or 5898.17 of the Streets and Highways Code or of any provision of Chapter 29.1 (commencing with Section 5900) of Part 3 of Division 7 of the Streets and Highways Code by a program administrator, excepting the reporting requirements of Section 5954 of the Streets and Highways Code, or by a PACE solicitor authorized by that program administrator in connection with activity related to that program administrator, shall be a violation of this division.(Amended by Stats. 2018, Ch. 813, Sec. 11. (AB 2063) Effective January 1, 2019.)
CA Fin Code § 22690.5 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22690.5.

22690.5.  (a) The department shall maintain, on its Internet Web site, the identities of enrolled PACE solicitors and PACE solicitor agents. The Internet Web site shall identify the date of the most recent update, and the frequency with which the list is updated. This subdivision shall become operative on January 1, 2020.(b) The department shall maintain on its Internet Web site the identities of PACE solicitors and PACE solicitor agents ordered to discontinue engaging in the business of soliciting property owners to enter into assessment contracts. The Internet Web site shall identify the date of the most recent update.(Added by Stats. 2018, Ch. 798, Sec. 11. (SB 1087) Effective January 1, 2019.)
CA Fin Code § 22691 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22691.

22691.  The commissioner may by any rules he or she deems necessary or appropriate in the public interest or for the protection of property owners, either unconditionally or upon specified terms and conditions or for specified periods, exempt any class of persons specified in those rules from the provisions of Sections 22680, 22681, and 22682.(Amended by Stats. 2018, Ch. 813, Sec. 12. (AB 2063) Effective January 1, 2019.)
CA Fin Code § 22692 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22692.

22692.  (a) The commissioner shall require a program administrator to submit the following information in the annual report filed under Section 22159:(1) Information beneficial to an evaluation of the overall impact on property owners caused by the 97 percent cap on total PACE and mortgage-related debt.(2) Information beneficial to an evaluation of the overall impact on property owners caused by the use of an automated valuation model in determining the market value of property subject to a PACE assessment.(3) Information beneficial to an evaluation of the overall impact on property owners caused by the emergency HVAC provisions.(4) Information relevant to determining the overall impact on property owners of the absence of a minimum residual income threshold.(b) The information received under this section shall appear in a separate section within the composite of the annual reports required to be prepared by the commissioner pursuant to Section 22160.(c) This section does not limit the authority of the commissioner to require additional information from a program administrator under Section 22159.(Added by Stats. 2017, Ch. 475, Sec. 71. (AB 1284) Effective October 4, 2017. Section operative January 1, 2019, pursuant to Section 22696.)
CA Fin Code § 22693 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22693.

22693.  (a) The commissioner may, by rule, require a program administrator to use a real-time registry or database system for tracking PACE assessments in order to carry out his or her regulatory duties and to support enforcement. That registry or database system shall enable the program administrator to trace PACE assessments and shall include, but not be limited to, features for providing or obtaining information about a property’s status with regard to PACE assessments placed on the property, whether recorded or not. All costs associated with the real-time registry or database system shall be apportioned among licensed program administrators based on the volume and amount of PACE assessments by each program administrator, or any other method that fairly apportions the costs, as required by rule. The commissioner may contract with an independent third party for the development and ongoing maintenance and support of the real-time registry or database system, and may require the program administrators to pay for the cost of development and ongoing maintenance and support directly to the independent third party. In no event shall the costs apportioned to a program administrator exceed a reasonable regulatory cost.(b) On or before January 1, 2020, the commissioner shall determine whether to proceed with a rulemaking action. This subdivision shall not restrict the ability of the commissioner to proceed with a rule under this section at any time.(Amended by Stats. 2018, Ch. 813, Sec. 13. (AB 2063) Effective January 1, 2019.)
CA Fin Code § 22694 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22694.

22694.  This chapter does not apply to a finance lender, mortgage loan originator, or broker licensee, unless they engage in the business of a program administrator, PACE solicitor, or PACE solicitor agent.(Amended by Stats. 2018, Ch. 798, Sec. 13. (SB 1087) Effective January 1, 2019.)
CA Fin Code § 22695 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22695.

22695.  (a) A violation of this chapter by any person is not subject to the criminal penalties established pursuant to Sections 22753 and 22780.(b) Notwithstanding Section 22696, this section shall become operative on the effective date of this act.(Added by Stats. 2017, Ch. 475, Sec. 71. (AB 1284) Effective October 4, 2017. Section operative October 4, 2017, by its own provisions.)
CA Fin Code § 22696 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22696.

22696.  Except as provided in Sections 22684, 22685, 22686, 22687, 22688, and 22695, this chapter shall become operative on January 1, 2019.(Added by Stats. 2017, Ch. 475, Sec. 71. (AB 1284) Effective October 4, 2017. Note: Operative date provision applies, with specified exceptions, to Chapter 3.5, comprising Sections 22680 to 22697.)
CA Fin Code § 22697 (2021)
2021 California Code|Financial Code - FIN|DIVISION 9 - CALIFORNIA FINANCING LAW|CHAPTER 3.5 - Program Administrators|Section 22697.

22697.  This chapter does not preclude or reduce any rights and remedies established under any other laws.(Added by Stats. 2017, Ch. 475, Sec. 71. (AB 1284) Effective October 4, 2017. Section operative January 1, 2019, pursuant to Section 22696.)
CA Fin Code § 23036 (2021)
2021 California Code|Financial Code - FIN|DIVISION 10 - CALIFORNIA DEFERRED DEPOSIT TRANSACTION LAW|CHAPTER 2 - Deferred Deposit Transactions|Section 23036.

23036.  (a) A fee for a deferred deposit transaction shall not exceed 15 percent of the face amount of the check.(b) A licensee may allow an extension of time, or a payment plan, for repayment of an existing deferred deposit transaction but may not charge any additional fee or charge of any kind in conjunction with the extension or payment plan. A licensee that complies with the provisions of this subdivision shall not be deemed to be in violation of subdivision (g) of Section 23037.(c) A licensee shall not enter into an agreement for a deferred deposit transaction with a customer during the period of time that an earlier written agreement for a deferred deposit transaction for the same customer is in effect.(d) A licensee who enters into a deferred deposit transaction agreement, or any assignee of that licensee, shall not be entitled to recover damages for that transaction in any action brought pursuant to, or governed by, Section 1719 of the Civil Code.(e) A fee not to exceed fifteen dollars ($15) may be charged for the return of a dishonored check by a depositary institution in a deferred deposit transaction. A single fee charged pursuant to this subdivision is the exclusive charge for a dishonored check. No fee may be added for late payment.(f) No amount in excess of the amounts authorized by this section shall be directly or indirectly charged by a licensee pursuant to a deferred deposit transaction.(g) A licensee shall be subject to the provisions of Title 1.6C (commencing with Section 1788) of Part 4 of Division 3 of the Civil Code.(Added by Stats. 2002, Ch. 777, Sec. 10. Effective January 1, 2003. Section operative on December 31, 2004, or sooner, pursuant to Section 23104.)
CA Fin Code § 23037 (2021)
2021 California Code|Financial Code - FIN|DIVISION 10 - CALIFORNIA DEFERRED DEPOSIT TRANSACTION LAW|CHAPTER 2 - Deferred Deposit Transactions|Section 23037.

23037.  In no case shall a licensee do any of the following:(a) Accept or use the same check for a subsequent transaction, or permit a customer to pay off all or a portion of one deferred deposit transaction with the proceeds of another.(b) Accept any collateral for a deferred deposit transaction.(c) Make any deferred deposit transaction contingent on the purchase of insurance or any other goods or services.(d) Enter into a deferred deposit transaction with a person lacking the capacity to contract.(e) Alter the date or any other information on a check.(f) Engage in any unfair, unlawful, or deceptive conduct, or make any statement that is likely to mislead in connection with the business of deferred deposit transactions.(g) Accept more than one check for a single deferred deposit transaction.(h) Take any check, instrument, or form in which blanks are left to be filled in after execution.(i) Offer, arrange, act as an agent for, or assist a deferred deposit originator in any way in the making of a deferred deposit transaction unless the deferred deposit originator complies with all applicable federal and state laws and regulations, including the provisions of this division.(1) The prohibition specified in this subdivision does not apply to the arranger, agent, or assistant to a state or federally chartered bank, thrift, savings association, or industrial loan company where the state or federally chartered bank, thrift, savings association, or industrial loan company satisfies all of the following:(A)  It initially advances the loan proceeds to the customer.(B) It does not sell, assign, or transfer a preponderant economic interest in the deferred deposit transaction to the arranger, agent, or assistant, or an affiliate or subsidiary of the state or federally chartered bank, thrift, savings association, or industrial loan company, unless selling, assigning, or transferring a preponderant economic interest is expressly permitted by the primary regulator of the state or federally chartered bank, thrift, savings association, or industrial loan company.(C) It develops the deferred deposit transaction product or products on its own.(2) If a licensee offers, arranges, acts as an agent for, or assists a state or federally chartered bank, thrift, savings association, or industrial loan company in any way in the making of a deferred deposit transaction and the state or federally chartered bank, thrift, savings association, or industrial loan company meets the standards set forth in paragraph (1), the licensee shall comply with all other provisions in this division to the extent they are not preempted by other state and federal laws.(Added by Stats. 2002, Ch. 777, Sec. 10. Effective January 1, 2003. Section operative on December 31, 2004, or sooner, pursuant to Section 23104.)
CA Fin Code § 23038 (2021)
2021 California Code|Financial Code - FIN|DIVISION 10 - CALIFORNIA DEFERRED DEPOSIT TRANSACTION LAW|CHAPTER 2 - Deferred Deposit Transactions|Section 23038.

23038.  (a) Any person who violates any provision of Section 987 of Title 10 of the United States Code, as amended by 126 Stat. 1785 (Public Law 112-239), or any provision of Part 232 (commencing with Section 232.1) of Subchapter M of Chapter I of Subtitle A of Title 32 of the Code of Federal Regulations, as published on July 22, 2015, on page 43560 in Number 140 of Volume 80 of the Federal Register, violates this division.(b) A person that does not market deferred deposit transactions to, or does not enter into those transactions with, covered borrowers, as that term is defined under Part 232 (commencing with Section 232.1) of Subchapter M of Chapter I of Subtitle A of Title 32 of the Code of Federal Regulations, as amended on the date described in subdivision (a), shall not be in violation of Section 394 of the Military and Veterans Code.(Amended by Stats. 2017, Ch. 514, Sec. 4. (SB 266) Effective January 1, 2018.)
CA Fin Code § 27000 (2021)
2021 California Code|Financial Code - FIN|DIVISION 11.5 - NATIONAL HOUSING ACT LOANS|CHAPTER 1 - Investments|Section 27000.

27000.  Insurance companies, personal finance companies, mortgage companies, mortgage insurance companies, building and loan associations, trust companies, fiduciaries, or fiduciary institutions may invest in, or purchase such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of real estate, including any part of an issue of notes or bonds secured by such first liens, which have been accepted for insurance by the Federal Housing Administrator. The investment or purchase may be made with their funds or the money in their custody or possesion, including but not being restricted to, all trust funds or funds the investment of which is regulated by law.(Enacted by Stats. 1951, Ch. 364.)
CA Fin Code § 27001 (2021)
2021 California Code|Financial Code - FIN|DIVISION 11.5 - NATIONAL HOUSING ACT LOANS|CHAPTER 1 - Investments|Section 27001.

27001.  Insurance companies, personal finance companies, mortgage companies, mortgage insurance companies, building and loan associations, trust companies, fiduciaries, fiduciary institutions, or public or private agencies may invest in, or purchase obligations of national mortgage associations. The investment or purchase may be made with their funds or the money in their custody or possession, including but not being restricted to, all trust funds, or funds the investment of which is regulated by law.(Enacted by Stats. 1951, Ch. 364.)