CFL Licensees: Beware Of The Ides Of March!

Allen Matkins
Contact

Allen Matkins

Every month of the year has an Ides. See Why Husbands Should Listen To Their Wives . . .

This year the Ides will be doubly significant for licensees under the California Financing Law, Cal. Fin. Code § 22000 et seq.

First, March 15 is the due date for licensees to submit their annual reports to the Department of Financial Protection & Innovation. Licensees must complete the report online on the Department's website at https://docqnet.dfpi.ca.gov. Licensees must log in to the self-service portal in order to complete the report.

Second, all CFL licensees must complete the transition of their licenses to the Nationwide Multistate Licensing System (NMLS). State regulators created the NMLS so that lenders and other financial service companies can create and maintain a single record to apply for, maintain, renew or surrender licenses in one or more states.

Remembering "Big Bill"

Regular readers of this blog will know of my particular fondness for Tonopah, Nevada the "Queen of Nevada's Silver Camps". On this date in 1911, a terrible fire broke out in the Belmont Mine in Tonopah, Nevada. The mine was rich but deadly. Miners descended over a thousand feet in a cage to wrest the rich ore from the earth. According to the Tonopah Daily Bonanza:

Heroism of an unusual quality of bravery was shown by William Murphy, known as “Big Bill” Murphy (who) according to all reports, made three descents in the Belmont cage on the first two of which he brought to the surface a number of his comrades but on the third and last trip down he was evidently overcome and met death as a hero fighting for the lives of his fellow workmen.

Big Bill's sacrifice has not been forgotten. The Town of Tonopah honors "Big Bill's heroism with this statue:
IMG_1454Bill Bill rests in the Old Tonopah cemetery:
AD5385CC-6BA8-484C-8938-CB7B17B40AF4_1_201_a

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen Matkins | Attorney Advertising

Written by:

Allen Matkins
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Allen Matkins on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide