Section 22157 - Preservation of books, accounts and records(a) Finance lender, broker, and mortgage loan originator licensees shall preserve their books, accounts, and records, if any, for at least three years after making the final entry on any loan recorded therein.(b) Except as otherwise specified by applicable law, including paragraph (3) of subdivision (b) of Section 5913 of the Streets and Highways Code, program administrator licensees shall preserve their books, accounts, and records for at least three years after the extinguishment of a PACE assessment is recorded therein.(c) This section shall become operative on January 1, 2019.Amended by Stats 2018 ch 813 (AB 2063),s 4, eff. 1/1/2019.Added by Stats 2017 ch 475 (AB 1284),s 54, eff. 10/4/2017.