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HomeFinancial CodeDiv. 1Ch. 4§ 454 Quarterly Reporting Requirement

§ 454 Quarterly Reporting Requirement

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

§ 454 Quarterly Reporting Requirement

Key Takeaways

  • •The boss (commissioner) can ask for reports from people with licenses.
  • •This happens at least 4 times every year.
  • •The boss picks the dates when the reports are due.

Example

If you have a driver's license, the DMV might ask you to send in a report about your driving.

The DMV (like the commissioner) can make you send reports 4 times a year, and they choose when you have to send them.

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

Official Source
View on CA.gov

§ 454 Quarterly Reporting Requirement

The commissioner shall call for the report specified in Section 453 from all licensees at least four times each year upon dates selected by the commissioner. (Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)

Last verified: January 23, 2026

Key Terms

commissionportlicensethe california

Related Statutes

  • § 100023 Commissioner Licensee Examination
  • § 12300.4 Agent Fund Handling Requirements
  • § 12304 Licensee Audit Requirements
  • § 22755 Mortgage Originator Fraud Prohibitions
  • § 28153 Commissioner Information Reports

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 454.
View Official Source