Cal. Code Regs. tit. 10, § 1613 – Disclosure Notice to Applicant and to Borrower.

(a) At the time a finder receives or processes an application, the finder shall have the applicant initial and date as of that day the disclosure notice required under Section 22373, subdivision (a), of the Financial Code, acknowledging receipt. The finder shall provide a copy of the disclosure notice to the applicant and retain in the file the original disclosure notice with the applicant's initials and date acknowledging receipt.
(b) The licensee shall provide a copy of the disclosure notice in subsection (a) to the borrower within two weeks following the date of the loan consummation, using procedures established by the licensee to document compliance with the requirements in subdivision (d) of Section 22373 of the Financial Code.

Note: Authority cited: Section 22150, Financial Code. Reference: Section 22373, Financial Code.

1. New section filed 7-17-2014; operative 7-17-2014 pursuant to Government Code section 11343.4(b)(3) (Register 2014, No. 29).

2. Amendment of subsection (b) filed 5-10-2022; operative 7-1-2022 (Register 2022, No. 19).