There Is a Newer Version of the California Code
2016 California Code
Financial Code - FIN
DIVISION 3 - CHECK SELLERS, BILL PAYERS, AND PRORATERS
CHAPTER 4 - Licensee Regulations
Section 12331.
CA Fin Code § 12331 (2016) What's This?
12331. Within the organization of each prorater corporation, either as an owner, officer, or employee, there shall be one or more persons possessing a minimum of five years experience in consumer credit extension or credit collection activity. At least one such qualified person shall be stationed on duty at each business location during the time the location is open for business.
(Repealed and added by Stats. 1972, Ch. 1285.)
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