Section 100000.5.
100000.5. (a) The commissioner shall allow any debt collector that submits an application before January 1, 2023, to operate pending the approval or denial of the application. (b) (1) Notwithstanding Section 100011, the commissioner may issue a conditional license to an applicant pending compliance with the requirements of subdivisions (a) to (c), inclusive, of Section 100008. (2) A conditional […]
Section 100000.7.
100000.7. No county, city, or other political subdivision within this state shall require a debt collector to be licensed or to register as a debt collector. (Added by Stats. 2020, Ch. 163, Sec. 3. (SB 908) Effective January 1, 2021. Operative January 1, 2022, pursuant to Sec. 100000.5.)
Section 100001.
100001. (a) No person shall engage in the business of debt collection in this state without first obtaining a license pursuant to this division. To the extent permitted by federal law, a person is acting in this state if the person is located in this state and is seeking to collect from a debtor that resides […]
Section 100002.
100002. For purposes of this division, the following terms have the following meanings: (a) “Applicant” means a person who applied for a license pursuant to this division. (b) “California debtor accounts” means accounts that are owned by consumers who reside in California at the time that the consumer makes a payment on the account. (c) “Collection agency” means […]