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HomeFinancial CodeDiv. 1.25Ch. 2§ 3225 Commissioner Reporting Requirements

§ 3225 Commissioner Reporting Requirements

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 3225 Commissioner Reporting Requirements

Key Takeaways

  • •The boss in charge must tell a big national system about any rule breaks or punishments under this law.
  • •They can only share stuff that everyone is allowed to know, not secret info.
  • •This started happening in 2024.

Example

If a bank breaks money rules and gets fined, the boss has to tell a big national system about it.

The boss can only share what’s public, like the fine amount, not private stuff like who complained.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 3225 Commissioner Reporting Requirements

The commissioner shall regularly report violations of this division, enforcement actions under this division, and other relevant information to the Nationwide Multistate Licensing System and Registry, but only to the extent that the information is publicly available. (Added by Stats. 2023, Ch. 792, Sec. 1. (AB 39) Effective January 1, 2024.)

Last verified: January 23, 2026

Key Terms

enforcementinformationcommissionportnationwide multistate licensingthe california

Related Statutes

  • § 28111 Student Loan Servicer Licensing
  • § 28125 Nationwide Licensing System Authority
  • § 50152 Mortgage Violation Reporting Requirements
  • § 100016 Privacy Protection For Licensing Data
  • § 22380 Small Dollar Loan Reports

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 3225.
View Official Source