Financial Code: The 1951 Financial Code is derived from the 1949 Banking Code and earlier acts relating to the organization, regulation, and supervision of financial institutions and financial transactions. In 1951, these former acts and the Banking Code provisions were consolidated and revised. The new code also added the Savings and Loan Association Law (now the Savings Association Law). It is not unusual to find identical language in parallel statutes enacted by companion bills that addressed different aspects of this subject matter (i.e., Personal Property Brokers’ Act of 1939 and the Small Loan Act of 1939).
Legislative Research: Each section listed below is a link to a PDF document that sets forth the enactment history for that section. The history cited for each section below is intended to be used for information purposes only and should not be relied upon without confirmation. For questions or sections not listed, Contact Us.
Financial Code Sections
Section 756: Derived from former Penal Code § 563b, enacted in 1917.
Section 1408: Derived from former Financial Code § 860, enacted in 1955.
Section 1480 and 1481: Derived from former Bank Code §§ 1220 and 1221, enacted in 1909.
Section 1582: Derived from former Financial Code § 1561.1, enacted in 1995.
Section 2100: Derived from former Financial Code § 1809, enacted in 1951.
Section 3105: Derived from former Banking Code § 3105, added in 1949.
Sections 10000 through 10009: Derived in part from former Financial Code §§ 5810 etc., added prior to 1951.
Section 17210: Derived from former Financial Code § 17210, enacted in 1957.
Sections 22000 through 22057: The Personal Property Brokers Act.
Section 22001: The Financial Lenders Law, former Financial Code § 24000.1, enacted in 1981.
Section 22009: Derived from former Financial Code § 24009, enacted in 1981.
Section 22050: Derived from former uncodified § 4, enacted in 1909.
Section 22057: Derived from former uncodified § 3, enacted in 1939.
Section 22059: Derived from former Financial Code § 24056, enacted in 1984.
Section 22064: Added in 2005, and amended in 2009.
Section 22064, 22203 and 22204: Derived from former uncodified § 9, enacted in 1909.
Section 22100: Derived from former uncodified § 7, enacted in 1931.
Section 22101: Derived from former uncodified § 8, enacted in 1909.
Section 22109: Derived from former uncodified § 10 of 1909, Chapter 634, added in 1931.
Section 22202: Derived from former uncodified §§ 19 and 20, enacted in 1939.
Sections 22251, 22302 and 22303: Derived from former uncodified §§, enacted in 1939.
Section 22335: Derived from former uncodified § 19.5 of the 1909 Act, enacted in 1909.
Section 22600: Derived from former uncodified § 10, enacted in 1909.
Section 50003(x): Added in 1994.
Section 50129: Added the California Residential Mortgage Lending Act in 1995, and amended in 2009.
Section 50202: Added in 1994 and amended in 1995 and 2009.