California Code of Regulations
Title 10 - Investment
Chapter 6 - Real Estate Commissioner
Article 16 - Mortgage Loan Brokerage
Section 2846.1 - Material Change-Multi-Lender Loans

Universal Citation: 10 CA Code of Regs 2846.1

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

A material change requiring an amended notice under Section 10238(a) of the Code shall include but shall not be limited to the following:

(a) A change of the month in which the broker's fiscal year ends.

(b) A change with respect to whether the broker is (or expects to be) required to file reports of inspection of its trust account(s) with the Real Estate Commissioner pursuant to paragraph (3) of subdivision (k) of Section 10238 of the Code.

(c) A change with respect to the identity of the Servicing Agent.

1. New section filed 6-20-2002; operative 7-20-2002 (Register 2002, No. 25).
2. Amendment of first paragraph, subsection (b) and NOTE filed 2-28-2006; operative 3-30-2006 (Register 2006, No. 9).

Note: Authority cited: Section 10080, Business and Professions Code. Reference: Section 10238, Business and Professions Code.

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