Section 1850.6 - Electronic Filings(a) DESIGNATION: The Commissioner designates NMLS to receive and store filings, obtain credit reports, and collect related fees and assessments from applicants and licensees on behalf of the Commissioner.(b) USE OF NMLS: All applications, amendments, surety bonds, notices, related filings, supporting documents, renewals, authorizations, assessments, and fees required to be filed with the Commissioner shall be filed electronically with and transmitted to NMLS, except as otherwise indicated in this subchapter. The following conditions relate to electronic filings:(1) Electronic Signature: When a signature(s) is required by the particular instructions of any filing, including any attestation to be made through NMLS, the applicant, or a duly authorized officer or proper delegate of the applicant, as required, shall affix his or her electronic signature to the filing by typing his or her name in the appropriate field and submitting the filing to the Commissioner through NMLS. Submission of a filing in this manner shall constitute irrefutable evidence of legal signature by any individual making the filing.(2) When filed: Solely for purposes of a filing made through NMLS. Unless otherwise specified, a document is considered filed with the Commissioner when all fees are received and the filing is transmitted by NMLS to the Commissioner.(3) An applicant shall provide through NMLS the necessary authorizations so that NMLS may obtain credit reports.(4) Any document required to be filed with the Commissioner that is not permitted to be filed with or cannot be filed with NMLS shall be filed directly with the Commissioner.Cal. Code Regs. Tit. 10, § 1850.6
Note: Authority cited: Section 100003, Financial Code. Reference: Section 1633.7, Civil Code; and Sections 100004, 100006, 100006.3 and 100015, Financial Code.
1. New article 2 (sections 1850.6-1850.16) and section filed 12-22-2021; operative 12/22/2021 pursuant to Government Code section 11343.4(b)(3) (Register 2021, No. 52). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20 and an additional 60 calendar days pursuant to Executive Order N-71-20.