Tag Archives: FInance

California Court of Appeals Allows Taxpayer to Amend Claims Against Department of Financial Protection and Innovation Commissioner for Improper Licensing of Cryptocurrency Lender

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By Maya Patel Gerro v. Shultz, No. B321113, B322706 (Cal. Ct. App.): On July 12, 2024, the California Court of Appeal, Second District, reversed and remanded Gerro v. Shultz in part, holding that the trial court erred in dismissing George Continue reading →

AB 28339 (Villapudua) Proposes New Requirements for Department of Financial Protection and Innovation Regarding Responsible Small Dollar Loans Program

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By Summer M. Bosse AB 2839 (Villapudua), as amended March 17, 2022, would amend section 22370 of the Financial Code as it relates to the California Financing Law’s Pilot Program for Increased Access to Responsible Small Dollar Loans. The Pilot Continue reading →

SB 577 Seeks to Update Current Money Lending Law in California

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By Alexandra Loyo SB 577 (Limón), as amended January 12, 2022, is a two-year bill that would amend sections 2105, 17202.1, 17414.1, and 80001 of, add section 22050.5 to, and repeal section 80002 of the Financial Code to provide a Continue reading →