California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 11.3 - Debt Collection Licensing Act
Article 3 - Requirement to Maintain Current Information
Section 1850.30 - Notice of Changes
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) A licensee shall, upon any change in the information contained in its application for a license, file the changed information with the Commissioner through NMLS.
(b) A licensee shall file the changed information on Forms MU1, MU2, and MU3 as applicable, and any exhibits and supporting documents thereto, and pay the fees, if any, to file the changed information through NMLS in accordance with the procedures for transmission to the Commissioner. Any change that cannot be filed with NMLS or fee that cannot be paid through NMLS shall be filed with or paid directly to the Commissioner. The NMLS fees for obtaining credit reports and any other NMLS fees shall be paid by the licensee to NMLS through NMLS.
(c) Except as provided in subsection (d) of this section, all changes to the information in the license application shall be filed within thirty (30) calendar days of the date of the occurrence of the event that results in the information becoming inaccurate or incomplete.
(d) A change in the principal place of business identified in a license application to a different street address must be filed at least ten (10) calendar days before the date of the change. The notice to the Commissioner of the change in the principal place of business must be filed with the Commissioner through NMLS and include the licensee's name, street address of the new location and date of change, and describe any other existing business being conducted at the new location.
Note: Authority cited: Section 100003, Financial Code. Reference: Sections 100001, 100006.3 and 100018, Financial Code.