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:
A broker-dealer...
broker-dealer,
Broker-Dealers,
Cal. Const. Art. XV,
Finance Lender,
Finance Lenders,
Finance Lenders Law,
In re Stephan,
personal property broker,
Section 22050,
Section 25217
A loan is "table funded" when at settlement it is contemporaneously assigned to the person that provides the funds. Is table funding an illegal business practice under the California Finance Lenders Law? The Fourth District Court of Appeal has its...
10 CCR Section 146,
Braden v. BH Fin. Services,
Finance Lenders,
Financial Code Section 22340,
Financial Code Section 22600,
Le v. Sunlan,
table funding,
White & Whitley Grp. v. Wilson
These are the new leads. These are the Glengarry leads. And to you they're gold, and you don't get them. Why? Because to give them to you is just throwing them away. They're for closers. I'd wish you good luck but you wouldn't know what to do with...
Finance Lenders,
lead generators,
SB 297
The California Finance Lenders Law imposes a licensing requirement on persons engaged in the business of a finance lender. Cal. Fin. Code § 22100(a). Chapter 2 of the CFLL imposes a host of requirements on "consumer loans" and Chapter 3 imposes a...
22550,
Cal. Fin. Code,
Finance Lenders,
Financial Code,
Section 22203,
Section 22502,
troisieme voie
Lenders and brokers licensed under the California Finance Lenders Law must file an annual report by the Ides of March (i.e., March 15) of each year. Cal. Fin. Code § 22159. This is a hard deadline and the Department of Business Oversight does not...
annual report,
CFLL,
Finance Lenders,
Finance Lenders Law,
finders,
ides of march,
Nones of April,
SB 297,
Senator Bill Dodd
The California Finance Lenders Law, Financial Code § 22000 et seq., currently requires licensing of finance lenders and brokers. A finance lender is defined as any person who is engaged in the business of making consumer loans or making commercial...
CFLL,
Finance Lenders,
Financial Code,
finders,
SB 297,
Section 22009,
Senator Bill Dodd