If, after investigation, the commissioner has reasonable grounds to believe that a licensee is failing to comply with this division or any regulation or order of the commissioner, the commissioner shall, by written order addressed to the licensee, direct the discontinuance of the failure to comply. The order shall be effective immediately, but shall not become final except in accordance with the provisions of Section 28164.
Cal. Fin. Code § 28162
Enforcement
Known as the Student Loan Servicing Act
The act spans §§ 28100 to 28182 (47 sections).
Added by Stats. 2016, Ch. 824, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.