CA Modifies Proposed Rules Under the California Financing Law

December 10, 2020

Weiner Brodsky Kider PC

On November 18, the California Department of Financial Protection and Innovation issued a notice of third modifications to proposed regulations under the California Financing Law to implement Assembly Bill (AB) 1284, which includes the transition of all license applications through NMLS and establishes requirements for administrators of the PACES program.

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