§ 22152 Licensee Single Business Location

Financial Code·California

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Key Takeaways

•A money lender or broker can only have one office per license.
•If they want more offices, they need to get a new license for each one.
•This rule started on January 1, 2019.

Example

A bank wants to open a new branch in another town.

The bank can't just use its current license for the new branch. It has to apply for a new license to open the new office.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 22152 Licensee Single Business Location

(a) A finance lender, broker, or program administrator licensee shall maintain only one place of business under a duplicate or original license issued pursuant to Section 22101 or 22102. The commissioner may issue more than one license to the same licensee upon compliance with all the provisions of this division governing an original issuance of a license. (b) This section shall become operative on January 1, 2019. (Repealed (in Sec. 43) and added by Stats. 2017, Ch. 475, Sec. 44. (AB 1284) Effective October 4, 2017. Section operative January 1, 2019, by its own provisions.)

Last verified: January 23, 2026

Key Terms

finance lender broker program administrator licensee place of business license commissioner

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 22152.

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Key Takeaways

Example

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