BILL NUMBER: SB 1175	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Strickland

                        FEBRUARY 22, 2012

   An act to amend Section 22150 of the Financial Code, relating to
the California Finance Lenders Law.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1175, as introduced, Strickland. California Finance Lenders
Law.
   Existing law, the California Finance Lenders Law, provides for the
licensure and regulation of finance lenders and brokers by the
Commissioner of Corporations. Existing law authorizes the
commissioner to make general rules and regulations, and specific
rulings, demands, and findings for the enforcement of that law, as
specified.
   This bill would make technical, nonsubstantive changes to the
latter provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 22150 of the Financial Code is amended to read:

   22150.  The commissioner may make general rules and regulations
and specific rulings, demands, and findings  for 
 regarding  the enforcement of this division, in addition
to, and within the general purposes of, this division.