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Cal. Fin. Code § 50322

Administration and Powers of the Commissioner

Showing this section's text as in effect on January 1, 2011 (in force January 1, 2011 – January 1, 2023). View current text →

If, after investigation, the commissioner has reasonable grounds to believe that any licensee is conducting business in an unsafe or injurious manner, the commissioner shall, by written order addressed to the licensee, direct the discontinuance of the unsafe or injurious practices. The order shall be effective immediately, but shall not become final except in accordance with the provisions of Section 50323.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.