AB 401

  • California Assembly Bill
  • 2009-2010 Regular Session
  • Introduced in Assembly
  • Passed Assembly Apr 20, 2009
  • Passed Senate Jun 24, 2009
  • Signed by Governor Aug 05, 2009

Financial institutions: finance lenders: exemptions.

Abstract

Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders, as defined, by the Commissioner of Corporations and prohibits a person from engaging in the business of a finance lender or broker without a license. Until January 1, 2010, existing law exempts from its requirements a program-related investment by a private foundation, tax‑exempt organization, and a loan, guaranty, or investment made by a public charity, tax‑exempt organization meeting specified requirements. This bill would eliminate the January 1, 2010, sunset provision, allowing the exemptions to continue indefinitely.

Bill Sponsors (1)

Votes


Actions


Aug 06, 2009

California State Legislature

Chaptered by Secretary of State - Chapter 103, Statutes of 2009.

Aug 05, 2009

California State Legislature

Approved by the Governor.

Jul 30, 2009

California State Legislature

Enrolled and to the Governor at 2:30 p.m.

Jul 01, 2009

Assembly

Ordered returned to enrollment.

Assembly

Withdrawn from Governor.

Jun 30, 2009

California State Legislature

Enrolled and to the Governor at 3 p.m.

Jun 24, 2009

Assembly

In Assembly. To enrollment.

Senate

Read third time, passed, and to Assembly. (Ayes 40. Noes 0. Page 1428.)

Jun 22, 2009

Senate

Read second time. To Consent Calendar.

Jun 18, 2009

Senate

From committee: Do pass. To Consent Calendar. (June 17).

Apr 30, 2009

Senate

Referred to Com. on B., F. & I.

  • Referral-Committee
Com. on B., F. & I.

Apr 20, 2009

Assembly

Read third time, passed, and to Senate. (Ayes 75. Noes 0. Page 986.)

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Apr 15, 2009

Assembly

Read second time. To Consent Calendar.

Apr 14, 2009

Assembly

From committee: Do pass. To Consent Calendar. (April 13).

Mar 09, 2009

Assembly

Referred to Com. on B. & F.

  • Referral-Committee
Com. on B. & F.

Feb 24, 2009

Assembly

From printer. May be heard in committee March 26.

Feb 23, 2009

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB401 HTML
02/23/09 - Introduced PDF
06/26/09 - Enrolled PDF
08/06/09 - Chaptered PDF

Related Documents

Document Format
No related documents.

Sources

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