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Allen Matkins

A Critical Prepositional Phrase Is Missing From This California Statute

Allen Matkins on

It is a peculiar hubris of California's legislators that they often presume to extend the application of the state's laws beyond its legal borders.  Corporations Code Section 2115, for example, presumes to apply multiple...more

Bradley Arant Boult Cummings LLP

California Latest State to Consider Lead Generation Licensing

On Wednesday, June 26, 2019, the California Senate Banking Committee will take up AB 642, which would add certain lead generation activities to the definition of “broker” under the California Financing Law (Cal. Fin. Code §...more

Allen Matkins

California Legislature Mulls Rewrite Of  "Broker" Definition In CFL

Allen Matkins on

California's default lender licensing law is the California Financing Law, a law which had until recently been known as the California Finance Lenders Law. The CFL generally prohibits anyone from engaging in the business of...more

Allen Matkins

Has The DBO Misstated This Statute?

Allen Matkins on

The California Department of Business Oversight administers and enforces the California Financing Law (fka Finance Lenders Law). Visitors to the DBO's website will find a basic description of the CFL, including the following...more

Allen Matkins

The CFLL Is Dead; Long Live The CFL!

Allen Matkins on

In a change that escaped my notice, the legislature has seen fit to rename the venerable California Finance Lenders Law as the California Financing Law. This legislation, Stats. 2017, ch. 475 (AB 1284 (Dababneh)), was...more

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