Section 993.1 - Revocation of Permit; Reasons(a) The Department may revoke any permit issued pursuant to this chapter. Reasons for revocation of a permit include, but are not limited to: (1) The permittee or any partner, co-owner spouse, principal corporate officer, or person owning or controlling, directly or indirectly, 10 percent or more of the outstanding interests or equity securities of the permittee's corporation is convicted of a felony described in Civil Code section 1789.37, subdivision (e).(2) Any fact or condition exists which, if it had existed at the time of the original application for such permit, reasonably would have warranted the Department in refusing originally to issue such permit.(3) The permittee violates any provisions of the Check Casher Law or these regulations.(4) The permittee failed to submit any required Renewal Application for Check Casher Permit (BCIA 4132, Rev. 04/2022), Renewal Application for Mobile Check Casher Permit (BCIA 4001, Rev. 04/2022), permit renewal fees, or penalty fees before the expiration of the permit.Cal. Code Regs. Tit. 11, § 993.1
Note: Authority cited: Section 1789.37, Civil Code. Reference: Section 1789.37, Civil Code.
Note: Authority cited: Sections 1789.37(b), 1789.37(e) and 1789.37(f), Civil Code. Reference: Sections 1789.37(b), 1789.37(e) and 1789.37(f), Civil Code.
1. New section filed 4-30-96; operative 5-30-96 (Register 96, No. 18).
2. Editorial correction of section number (Register 2008, No. 18).
3. Amendment of section and NOTE filed 12-6-2023; operative 1/1/2024 pursuant to Government Code section 11343.4(b)(3) (Register 2023, No. 49).