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<ns0:Id>20250SB__104199INT</ns0:Id>
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<ns0:ActionText>INTRODUCED</ns0:ActionText>
<ns0:ActionDate>2026-02-11</ns0:ActionDate>
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<ns0:SessionYear>2025</ns0:SessionYear>
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<ns0:AuthorText authorType="LEAD_AUTHOR">Introduced by Senator Arreguín</ns0:AuthorText>
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<ns0:House>SENATE</ns0:House>
<ns0:Name>Arreguín</ns0:Name>
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<ns0:Title> An act to amend Section 22003 of the Financial Code, relating to financial institutions. </ns0:Title>
<ns0:RelatingClause>financial institutions</ns0:RelatingClause>
<ns0:GeneralSubject>
<ns0:Subject>California Financing Law: definitions.</ns0:Subject>
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<html:p>Existing law, the California Financing Law, governs the licensing and regulation of a finance lender, broker, or program administrator by the Department of Financial Protection and Innovation and specifies that the definitions it sets forth govern that law unless otherwise required by the context.</html:p>
<html:p>This bill would make a nonsubstantive change to that provision.</html:p>
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<ns0:VoteRequired>MAJORITY</ns0:VoteRequired>
<ns0:Appropriation>NO</ns0:Appropriation>
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<ns0:ImmediateEffect>NO</ns0:ImmediateEffect>
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<ns0:Preamble>The people of the State of California do enact as follows:</ns0:Preamble>
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<ns0:Num>SECTION 1.</ns0:Num>
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Section 22003 of the
<ns0:DocName>Financial Code</ns0:DocName>
is amended to read:
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<ns0:Num>22003.</ns0:Num>
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<html:p>Unless the context otherwise requires, the definitions in this article govern the construction of this division.</html:p>
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