§ 22757

Added by Stats. 2012, Ch. 264, Sec. 7. (AB 2666) Effective January 1, 2013.

A finance lender, broker, or mortgage loan originator licensed under this division shall not pay any commission, fee, or other compensation to an unlicensed individual for conducting activities that require a license, unless that unlicensed individual is exempt from licensure pursuant to this division.

Other sections in Article 2 - Consumer Loan Penalties

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