Cal. Fin. Code § 50322

Current through the 2024 Legislative Session.

Section 50322 - Order directing discontinuance of unsafe or injurious practices

If, after investigation, the commissioner has reasonable grounds to believe that any licensee is conducting or has conducted business in an unsafe or injurious manner, the commissioner shall, by written order addressed to the licensee, direct the discontinuance of the unsafe or injurious practices. The order shall be effective immediately, but shall not become final except in accordance with the provisions of Section 50323.

Ca. Fin. Code § 50322

Amended by Stats 2022 ch 188 (AB 2433),s 19, eff. 1/1/2023.

Added by Stats. 1994, Ch. 994, Sec. 7. Effective January 1, 1995. Section operative January 1, 1996, pursuant to Section 50601 (later repealed).