1. (a) Whenever a licensee files with a governmental agency an application for a license (other than an application for a license under a law which is a tax law rather than a regulatory law), such licensee shall concurrently file with the Commissioner a report containing a copy of such application.
2. (b) Whenever a licensee files with a governmental agency an amendment of any application of the type referred to in Subdivision (a) of this Section, such licensee shall concurrently file with the Commissioner a report containing a copy of such amendment.
3. (c) Whenever an application for a license of the type referred to in Subdivision (a) of this Section by a licensee is approved or denied, such licensee shall promptly file with the Commissioner a report containing a copy of such approval or denial.
4. (d) Whenever proceedings are initiated to suspend or revoke any license of a licensee (other than a license issued by the Commissioner), such licensee shall promptly file with the Commissioner a report containing a copy of the notice, complaint, or other document by which such proceedings were initiated.
5. (e) Whenever any license of a licensee (other than a license issued by the Commissioner) is suspended or revoked such licensee shall promptly file with the Commissioner a report containing a copy of the order, decision, or other document by which such license was suspended or revoked.

6. (f) Whenever a licensee surrenders for cancellation any license (other than a license issued by the Commissioner), such licensee shall promptly file with the Commissioner a report containing the following information:

   1. (1) Identify the license and the governmental agency by which the license was issued.
   2. (2) State the date on which the license was surrendered.
   3. (3) State the reasons why the license was surrendered.

Note: Authority cited: Section 31101, Financial Code. Reference: Section 31506, Financial Code.

History

1. Change without regulatory effect amending section and adding new Note filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).