Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 3 - Commissioner of Financial Protection and InnovationSubchapter 6 - California Financing Law
Article 1 - General Provisions
Section 1409 - Officers, Directors, Partners, and Other Persons: Maintenance of Current List with Commissioner: Information Required

Cal. Code Regs. tit. 10 § 1409

Download
PDF
Current through Register 2024 Notice Reg. No. 45, November 8, 2024
Section 1409 - Officers, Directors, Partners, and Other Persons: Maintenance of Current List with Commissioner: Information Required
(a) A licensee shall at all times maintain on file with the Commissioner a current list of officers, directors, and partners in the case of a partnership, and other persons named in the application. Changes in partnerships are limited to the conditions set forth in section 22151, subdivision (b) of the Law. In the event of any change, other than transfers between branch offices, in the officers, directors, or partners, or other persons named in the application, a licensee shall file with the Commissioner an amendment to the application containing the same information in relation to such new person(s) as is required in the application, within thirty days from the date of the change.
(b) A licensee on NMLS shall comply with subdivision (a) by submitting changes to the Commissioner through NMLS on Forms MU1, MU2, MU3, and MU4, as applicable.

Cal. Code Regs. Tit. 10, § 1409

1. Amendment filed 3-27-78; effective thirtieth day thereafter (Register 78, No. 12).
2. Amendment filed 12-3-81; effective thirtieth day thereafter (Register 81, No. 49).
3. Editorial correction of NOTE filed 10-13-82 (Register 82, No. 42).
4. Amendment filed 12-29-83; effective thirtieth day thereafter (Register 83, No. 53).
5. Amendment filed 2-21-85; effective thirtieth day thereafter (Register 85, No. 8).
6. Change without regulatory effect amending section and NOTE filed 6-14-95 pursuant to section 100, title 1, California Code of Regulations (Register 95, No. 24).
7. Amendment of section heading and section filed 11-7-2007; operative 12-7-2007 (Register 2007, No. 45).
8. Amendment of section and NOTE filed 4-1-2010 as an emergency; operative 7-31-2010 (Register 2010, No. 14). A Certificate of Compliance must be transmitted to OAL by 9-28-2010 or emergency language will be repealed by operation of law on the following day.
9. Editorial correction of HISTORY 8 (Register 2010, No. 40).
10. Amendment of section and NOTE refiled 9-28-2010 as an emergency, including repealer of subsection (c); operative 9-28-2010 (Register 2010, No. 40). A Certificate of Compliance must be transmitted to OAL by 12-27-2010 or emergency language will be repealed by operation of law on the following day.
11. Amendment of section and NOTE refiled 12-23-2010 as an emergency; operative 12-23-2010 (Register 2010, No. 52). A Certificate of Compliance must be transmitted to OAL by 3-23-2011 or emergency language will be repealed by operation of law on the following day.
12. Certificate of Compliance as to 12-23-2010 order transmitted to OAL 3-14-2011 and filed 4-25-2011 (Register 2011, No. 17).
13. Amendment of section and NOTE filed 8-5-2021; operative 10-1-2021 (Register 2021, No. 32). Transmission deadline specified in Government Code section 11346.4(b) extended 60 calendar days pursuant to Executive Order N-40-20 and an additional 60 calendar days pursuant to Executive Order N-71-20. 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.

Note: Authority cited: Section 22150, Financial Code. Reference: Sections 22100, 22100.5, 22101, 22108, 22109, 22109.6 and 22151, Financial Code.

1. Amendment filed 3-27-78; effective thirtieth day thereafter (Register 78, No. 12).
2. Amendment filed 12-3-81; effective thirtieth day thereafter (Register 81, No. 49).
3. Editorial correction of Note filed 10-13-82 (Register 82, No. 42).
4. Amendment filed 12-29-83; effective thirtieth day thereafter (Register 83, No. 53).
5. Amendment filed 2-21-85; effective thirtieth day thereafter (Register 85, No. 8).
6. Change without regulatory effect amending section and Note filed 6-14-95 pursuant to section 100, title 1, California Code of Regulations (Register 95, No. 24).
7. Amendment of section heading and section filed 11-7-2007; operative 12-7-2007 (Register 2007, No. 45).
8. Amendment of section and Note filed 4-1-2010 as an emergency; operative 7-31-2010 (Register 2010, No. 14). A Certificate of Compliance must be transmitted to OAL by 9-28-2010 or emergency language will be repealed by operation of law on the following day.
9. Editorial correction of History 8 (Register 2010, No. 40).
10. Amendment of section and Note refiled 9-28-2010 as an emergency, including repealer of subsection (c); operative 9-28-2010 (Register 2010, No. 40). A Certificate of Compliance must be transmitted to OAL by 12-27-2010 or emergency language will be repealed by operation of law on the following day.
11. Amendment of section and Note refiled 12-23-2010 as an emergency; operative 12-23-2010 (Register 2010, No. 52). A Certificate of Compliance must be transmitted to OAL by 3-23-2011 or emergency language will be repealed by operation of law on the following day.
12. Certificate of Compliance as to 12-23-2010 order transmitted to OAL 3-14-2011 and filed 4-25-2011 (Register 2011, No. 17).
13. Amendment of section and Note filed 8-5-2021; operative 10/1/2021 (Register 2021, No. 32). Transmission deadline specified in Government Code section 11346.4(b) extended 60 calendar days pursuant to Executive Order N-40-20 and an additional 60 calendar days pursuant to Executive Order N-71-20. 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.