Current through the 2024 Legislative Session.
Section 22162 - Disclosure of license in advertisement for loan(a) A finance lender, broker, or mortgage loan originator licensee shall not place an advertisement disseminated primarily in this state for a loan unless the licensee discloses in the printed text of the advertisement, or in the oral text in the case of a radio or television advertisement, the license under which the loan would be made or arranged.(b) A program administrator licensee shall not place an advertisement disseminated primarily in this state for an assessment contract unless the licensee discloses in the printed text of the advertisement, or in the oral text in the case of a radio or television advertisement, the license under which the assessment contract would be administered.(c) This section shall become operative on January 1, 2019.Added by Stats 2017 ch 475 (AB 1284),s 60, eff. 10/4/2017.