reglab/housing_qa huggingface dataset:
CA Fin Code § 2120 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 7 - Examinations, Special Reports, and Records|Section 2120.

2120.  (a) The commissioner may at any time and from time to time examine the business and any office, within or outside this state, of any licensee or any agent of a licensee in order to ascertain whether that business is being conducted in a lawful manner and whether all money transmission is properly accounted for.(b) The directors, officers, and employees of any licensee or agent of a licensee being examined by the commissioner shall exhibit to the commissioner, on request, any or all of the licensee’s accounts, books, correspondence, memoranda, papers, and other records and shall otherwise facilitate the examination so far as it may be in their power to do so.(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2121 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 7 - Examinations, Special Reports, and Records|Section 2121.

2121.  The commissioner may consult and cooperate with other state or federal money transmission regulators in enforcing and administering this division. They may jointly pursue examinations and take other official action that they are otherwise empowered to take.(Amended by Stats. 2012, Ch. 356, Sec. 23. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2122 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 7 - Examinations, Special Reports, and Records|Section 2122.

2122.  A licensee shall file a report with the commissioner within five business days after the licensee has reason to know of the occurrence any of the following events:(a) The filing of a petition by or against the licensee under the United States Bankruptcy Code (11 U.S.C. Secs. 101-110, incl.) for bankruptcy or reorganization.(b) The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors.(c) The commencement of a proceeding to revoke or suspend its license in a state or country in which the licensee engages in business or is licensed.(d) The cancellation or other impairment of the licensee’s bond or other security.(e) A charge or conviction of the licensee or of an executive officer, manager, director, or person in control of the licensee for a felony.(f) A charge or conviction of an agent for a felony.(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2123 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 7 - Examinations, Special Reports, and Records|Section 2123.

2123.  A licensee that is a money services business under the regulations adopted pursuant to the United States Bank Secrecy Act (31 C.F.R. Part 103) and the agents of the licensee that are money services businesses shall comply with those regulations.(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2124 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 7 - Examinations, Special Reports, and Records|Section 2124.

2124.  (a) A licensee shall maintain the following records for determining its compliance with this division for at least three years:(1) A record of each payment instrument or stored value obligation sold.(2) A general ledger posted at least monthly containing all asset, liability, capital, income, and expense accounts.(3) Bank statements and bank reconciliation records.(4) Records of outstanding payment instruments and stored value obligations.(5) Records of each payment instrument and stored-value obligation paid within the three-year period.(6) A list of the last known names and addresses of all of the licensee’s agents and their branch offices.(7) Any other records the commissioner reasonably requires by order or regulation.(b) A licensee or its agent shall maintain records of any receipts provided pursuant to Section 2102 for six months or a longer period of time specified in the contract between the licensee and its agent.(c) The items specified in subdivisions (a) and (b) may be maintained in any form of record.(d) Records may be maintained outside this state if they are made available to the commissioner on seven days’ notice that is sent in a record.(e) If records not required to be maintained in English pursuant to Section 456 are in a language other than English, the licensee shall provide records translated into English within seven days’ notice that is sent in a record.(f) Each licensee shall maintain any other records required by the commissioner.(Amended by Stats. 2014, Ch. 499, Sec. 15. (AB 2209) Effective January 1, 2015.)
CA Fin Code § 2148 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2148.

2148.  (a) If it appears to the commissioner that a licensee is violating or failing to comply with any law of this state, the commissioner may direct the licensee to comply with the law by an order issued under the commissioner’s official seal, or if it appears to the commissioner that any licensee is conducting its business in an unsafe or injurious manner, the commissioner may in like manner direct it to discontinue the unsafe or injurious practices. The order shall require the licensee to show cause before the commissioner, at a time and place to be fixed by the commissioner, as to why the order should not be observed.(b) If, upon any hearing held pursuant to subdivision (a), the commissioner finds that the licensee is violating or failing to comply with any law of this state or is conducting its business in an unsafe or injurious manner, the commissioner may make a final order directing it to comply with the law or to discontinue the unsafe or injurious practices. A licensee shall comply with the final order unless, within 10 days after the issuance of the order, its enforcement is restrained in a proceeding brought by the licensee.(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2149 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2149.

2149.  (a) The commissioner may issue an order suspending or revoking a license, or taking possession of and placing a licensee in receivership, if after notice and an opportunity for hearing, the commissioner finds that:(1) The licensee is violating this division or a regulation adopted or an order issued under this division, or a condition of approval issued under this division.(2) The licensee does not cooperate with an examination or investigation by the commissioner.(3) The licensee engages in fraud, intentional misrepresentation, or gross negligence.(4) The competence, experience, character, or general fitness of the licensee, or any director, officer, employee, or person in control of a licensee, indicates that it is not in the public interest to permit the person to provide money transmission services.(5) The licensee engages in an unsafe or unsound practice.(6) The licensee is insolvent, suspends payment of its obligations, or makes a general assignment for the benefit of its creditors.(7) The licensee does not remove an agent after the commissioner issues and serves upon the licensee a final order including a finding that the agent has violated this division.(8) The licensee has applied for an adjudication of bankruptcy, reorganization, arrangement, or other relief under any bankruptcy, reorganization, insolvency, or moratorium law, or any person has applied for any such relief under that law against the licensee and the licensee has by any affirmative act approved of or consented to the action or the relief has been granted.(9) Any fact or condition exists that, if it had existed at the time when the licensee applied for its license, would have been grounds for denying the application.(b) In determining whether a licensee is engaging in an unsafe or unsound practice, the commissioner may consider the size and condition of the licensee’s provision of money transmission services, the magnitude of the loss, the gravity of the violation of this division, and the previous conduct of the person involved.(Amended by Stats. 2012, Ch. 356, Sec. 25. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2150 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2150.

2150.  (a) The commissioner may issue an order suspending or revoking the designation of an agent if, after notice and an opportunity for hearing, the commissioner finds that:(1) The agent violated this division or a regulation adopted or an order issued under this division.(2) The agent did not cooperate with an examination or investigation by the commissioner.(3) The agent engaged in fraud, intentional misrepresentation, or gross negligence.(4) The agent is convicted of a violation of a state or federal anti-money laundering statute.(5) The competence, experience, character, or general fitness of the agent, or any director, officer, employee, or person in control of the agent, indicates that it is not in the public interest to permit the agent to provide money transmissions.(6) The agent is engaging in an unsafe or unsound practice.(7) The agent has made or caused to be made in any application or report filed with the commissioner or in any proceeding before the commissioner, any statement that was at the time and in the light of the circumstances under which it was made, false or misleading with respect to any material fact, or has omitted to state in any of those applications, reports, or proceedings any material fact which is required to be stated therein.(8) The agent is an agent of a licensee who, because of its operations and financial condition, is not competent to supervise and monitor the agent.(9) The agent will not comply with all applicable provisions of this division and of any regulation or order issued under this division.(b) In determining whether an agent is engaging in an unsafe or unsound practice, the commissioner may consider the size and condition of the agent’s provision of money transmission services, the magnitude of the loss, the gravity of the violation of this division or a rule adopted or order issued under this division, and the previous conduct of the agent.(c) No licensee shall appoint as an agent any person with respect to whom an order issued under this section is in effect.(d) No person with respect to whom an order issued under this section is in effect shall become or continue to be an agent of any licensee.(e) If applicable, the commissioner may disclose to the licensee criminal history information upon which an order is based.(Amended by Stats. 2012, Ch. 356, Sec. 26. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2150.1 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2150.1.

2150.1.  (a) Every order, decision, or other official act of the commissioner is subject to review in accordance with law.(b) Whenever the commissioner has taken possession of the property and business of any licensee, the licensee, within 10 days after that taking, if it deems itself aggrieved thereby, may apply to the superior court in the county in which the head office of the licensee is located to enjoin further proceedings. The court, after citing the commissioner to show cause why further proceedings should not be enjoined and after a hearing and a determination of the facts upon the merits, may dismiss the application or enjoin the commissioner from further proceedings and direct the commissioner to surrender the property and business to the licensee.(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2150.2 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2150.2.

2150.2.  (a) If the commissioner finds that any of the factors set forth in Section 2149 is true with respect to any licensee and that it is necessary for the protection of the public interest, the commissioner may issue an order immediately suspending or revoking the licensee’s license.(b) Within 30 days after the license is suspended or revoked pursuant to subdivision (a), the licensee may file with the commissioner an application for a hearing on the suspension or revocation.(c) If the commissioner fails to commence a hearing within 15 business days after the application is filed with the commissioner pursuant to subdivision (b) or within a longer period of time agreed to by the licensee, the suspension or revocation shall be deemed rescinded.(d) Within 30 days after the hearing, the commissioner shall affirm, modify, or rescind the suspension or revocation. Otherwise, the suspension or revocation shall be deemed rescinded.(e) The right of the licensee to petition for judicial review of the suspension or revocation shall not be affected by the failure of the licensee to apply to the commissioner for a hearing on the suspension or revocation pursuant to subdivision (b).(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2151 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2151.

2151.  (a) If the commissioner finds that any of the factors set forth in Section 2150 is true with respect to any agent and that it is necessary for the protection of the public interest, the commissioner may issue an order immediately suspending or barring that agent from continuing to be or becoming an agent of any licensee during the period for which that order is in effect.(b) Within 30 days after an order is issued pursuant to subdivision (a), the licensee or the agent or former agent with respect to whom the order was issued may file with the commissioner an application for a hearing on the order.(c) If the commissioner fails to commence a hearing within 20 business days after the application is filed with the commissioner pursuant to subdivision (b) or within a longer period of time agreed to by the parties, the suspension or revocation shall be deemed rescinded.(d) Within 30 days after the hearing, the commissioner shall affirm, modify, or rescind the order.(e) The right of the licensee or agent or former agent to petition for judicial review of the order shall not be affected by the failure of that person to apply to the commissioner for a hearing on the order pursuant to subdivision (b).(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2151.1 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2151.1.

2151.1.  The commissioner may assess a civil penalty against a person that violates this division or a regulation adopted or an order issued under this division in an amount not to exceed one thousand dollars ($1,000) for each violation or, in the case of a continuing violation, one thousand dollars ($1,000) for each day or part thereof during which the violation continues, plus this state’s costs and expenses for the investigation and prosecution of the matter, including reasonable attorney’s fees.(Amended by Stats. 2012, Ch. 356, Sec. 27. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2152 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2152.

2152.  (a) A person that intentionally makes a false statement, misrepresentation, or false certification in a record filed or required to be maintained under this division or that intentionally makes a false entry or omits a material entry in such a record is guilty of a felony.(b) A person that knowingly engages in an activity for which a license is required under this division without being licensed or exempt from licensure under this division is guilty of a felony.(c) Nothing in this division limits the power of the state to punish any person for any act that constitutes a crime under any statute.(Amended by Stats. 2012, Ch. 356, Sec. 28. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2153 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 8 - Additional Enforcement Provisions|Section 2153.

2153.  The enforcement provisions of this division are in addition to any other enforcement powers that the commissioner may have under law.(Amended by Stats. 2012, Ch. 356, Sec. 29. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2170 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 9 - Miscellaneous Provisions|Section 2170.

2170.  Any licensee may surrender its license by filing with the commissioner the license and a report with any information as the commissioner requires. The voluntary surrender of the license shall become effective at the time and upon the conditions as the commissioner specifies by order.(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)
CA Fin Code § 2171 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 9 - Miscellaneous Provisions|Section 2171.

2171.  If any provision of this division or the application thereof to any person or circumstances is held invalid, illegal, or unenforceable, that invalidity, illegality, or unenforceability shall not affect other provisions or applications of this division that can be given effect without the invalid, illegal, or unenforceable provision or application, and to this end, the provisions of this division are declared to be severable.(Amended by Stats. 2012, Ch. 356, Sec. 30. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2172 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 9 - Miscellaneous Provisions|Section 2172.

2172.  (a) A license issued under the former Chapter 14 (commencing with Section 1800), Chapter 14A (commencing with Section 1851), or the former Division 16 (commencing with Section 33000) that is in effect immediately before January 1, 2011, shall remain in effect as a valid license under this division.(b) Any person that, prior to January 1, 2011, was not required to obtain a license under the former Chapter 14 (commencing with Section 1800), Chapter 14A (commencing with Section 1851), or Division 16 (commencing with Section 33000), but is required to have a license under this division, shall file an application for a license pursuant to this division by July 1, 2011, in order to continue conducting money transmission in this state directly or through agents. If the application is timely filed and pending with the commissioner, that person may continue to conduct money transmission in this state, until the application has been approved, abandoned, or denied.(Amended by Stats. 2012, Ch. 356, Sec. 31. (SB 979) Effective January 1, 2013.)
CA Fin Code § 2174 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 9 - Miscellaneous Provisions|Section 2174.

2174.  (a) The commissioner may prepare written decisions, opinion letters, and other formal written guidance to be issued to persons seeking clarification regarding the requirements of this division.(b) The commissioner shall make public on the commissioner’s Internet Web site all written decisions, opinion letters, and other formal written guidance issued to persons seeking clarification regarding the requirements of this division. The commissioner may, at his or her discretion or upon request by an applicant or licensee, redact proprietary or other confidential information regarding an applicant or licensee from any decision, letter, or other written guidance issued in connection with an applicant or licensee.(Added by Stats. 2013, Ch. 533, Sec. 9. (AB 786) Effective January 1, 2014.)
CA Fin Code § 2175 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 9 - Miscellaneous Provisions|Section 2175.

2175.  The commissioner may offer informal guidance to any prospective applicant for a license under this division, regarding the conditions of licensure that may be applied to that person. The commissioner shall inform any applicant that requests that guidance of the minimum net worth, and other licensing requirements, that will be required of that applicant, based on the information provided by the applicant concerning its plan to conduct business under this division, and the factors used to make that determination as described in Section 2040.(Amended by Stats. 2014, Ch. 499, Sec. 16. (AB 2209) Effective January 1, 2015.)
CA Fin Code § 2176 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.2 - MONEY TRANSMISSION ACT|CHAPTER 9 - Miscellaneous Provisions|Section 2176.

2176.  At any time, if the commissioner deems it necessary for the general welfare of the public, he or she may exercise any power set forth in this division with respect to a money transmission business, regardless of whether an application for a license has been filed with the commissioner, a license has been issued, or, if issued, the license has been surrendered, suspended, or revoked.(Added by Stats. 2014, Ch. 499, Sec. 17. (AB 2209) Effective January 1, 2015.)
CA Fin Code § 4830 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 2 - Administration|Section 4830.

4830.  Every final order, decision, license, or other official act of the commissioner under this division is subject to judicial review in accordance with law.(Amended by Stats. 1996, Ch. 1064, Sec. 478. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4831 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 2 - Administration|Section 4831.

4831.  (a) The commissioner may from time to time issue regulations and orders as may in his or her opinion be necessary to carry out the provisions and purposes of this division.(b) Regulations and orders issued under this division may, among other things, define any term used in this division as well as any term not used in this division.(c) For purposes of regulations and orders issued under this division, the commissioner may classify persons, transactions, and other matters within his or her jurisdiction and may prescribe different regulations or orders for different classes.(d) The commissioner may waive any provision of any regulation or order which he or she has issued under this division in any case where in his or her opinion the provision is not necessary in the public interest.(Amended by Stats. 1996, Ch. 1064, Sec. 479. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4832 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 2 - Administration|Section 4832.

4832.  Whenever the commissioner issues an order or license under this division, he or she may impose conditions as may in his or her opinion be necessary to carry out the provisions and purposes of this division.(Amended by Stats. 1996, Ch. 1064, Sec. 480. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4833 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 2 - Administration|Section 4833.

4833.  In any proceeding under this division:(a) The burden of proving that an application should be approved is upon the applicant.(b) The burden of proving an exemption or an exception is upon the person claiming the exemption or the exception.(Added by Stats. 1995, Ch. 480, Sec. 117. Effective October 2, 1995.)