Cal. Fin. Code § 461

Current through the 2023 Legislative Session.

Section 461 - Charge off of debt due licensee

Any debt due a licensee on which interest is past due and unpaid for the period of one year shall be charged off, unless the debt is well secured or is in process of collection.

Ca. Fin. Code § 461

Added by Stats 2011 ch 243 (SB 664),s 2, eff. 1/1/2012.