Cal. Code Regs. tit. 10, § 1011 – Effect of Registration.

(a) The Commissioner's determination that a person engaged in the business of offering or providing a subject product must register with the Commissioner does not constitute a determination that other laws, including other licensing laws under the Commissioner's jurisdiction, do not apply to that person.
(b) The act of granting registration to an applicant does not constitute a determination that the applicant's acts, practices, or business model comply with any law or regulation.

Note: Authority cited: Section 90009, Financial Code. Reference: Section 90009, Financial Code.

1. New section filed 10-11-2024; operative 2-15-2025 (Register 2024, No. 41).