Financial Code section 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.

Source: Section 2175, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=2175. (accessed May 10, 2025).

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Last Updated

May 10, 2025

§ 2175’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_2175

Original Source: Section 2175, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=2175. (last accessed May 10, 2025).