The revocation, suspension, expiration, or surrender of any license does not impair or affect the obligation of any preexisting lawful contract between the licensee and any borrower.
Cal. Fin. Code § 23054
Administrative Actions
Known as the California Deferred Deposit Transaction Law
The act spans §§ 23000–23106 (62 sections).
Added by Stats. 2002, Ch. 777, Sec. 10
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.