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California Financial Code

§ 2011

FIN § 2011 Effective Jan 1, 2014Div. 1.2 · Ch. 2

Statute text

View on leginfo.ca.gov
(a)The commissioner may, by regulation or order, either unconditionally or upon specified terms and conditions or for specified periods, exempt from all or part of this division any person or transaction or class of persons or transactions, if the commissioner finds such action to be in the public interest and that the regulation of such persons or transactions is not necessary for the purposes of this division. The commissioner shall post on the commissioner’s Internet Web site a list of all persons, transactions, or classes of person or transactions exempt pursuant to this section, and the part or parts of this division from which they are exempt.
(b)The commissioner shall adopt regulations to carry out and implement this section.

Legislative history

Amended by Stats. 2013, Ch. 533, Sec. 3. (AB 786) Effective January 1, 2014.

Source: California Financial Code § 2011 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.