Cal. Fin. Code § 28138

Current through the 2024 Legislative Session.
Section 28138 - Maintenance of records

Notwithstanding subdivision (b) of Section 28134 and unless prohibited by federal law, a licensee shall retain and maintain its records of servicing a borrower's student loan for a minimum of three years after the student loan has been sold, assigned, transferred, or paid in full.

Ca. Fin. Code § 28138

Added by Stats 2016 ch 824 (AB 2251),s 2, eff. 1/1/2017.