As used in this act, the term “principal officer” means an officer with direct responsibility for the conduct of the residential mortgage lender or servicer licensee’s or license applicant’s lending or servicing activities in this state.
Cal. Fin. Code § 50128
Licensing: Residential Mortgage Lender
Amended by Stats. 2009, Ch. 160, Sec. 57
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.