The California Financing Law prohibits any person from engaging in the business of a "finance lender" without a license from the Department of Financial Protection & Innovation. Cal. Fin. Code § 22100(a). The CFL provides that a "'finance lender' ...
Judge Rules CFL Applies To Cryptocurrency Lending
Posted on October 20, 2022
Court Of Appeal Finds Mortgage Servicer To Be A Debt Collector
Posted on March 14, 2018
Rosenthal Fair Debt collection Practices Act defines a "debt collector" as "any person who, in the ordinary course of business, regularly, on behalf of himself or herself or others, engaged in debt collection". Cal. Civ. Code § 1788.2(c). "Debt...
Another Foolish Inconsistency - This Time For Broker-Dealers
Posted on December 08, 2017
Yesterday's post chided Glass, Lewis & Co., LLC for its inconsistent positions on majority rule. Today's post tackles a foolish inconsistency in the California Codes. Section 25217(c) of the California Corporations Code provides:
