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2025 California Code
Financial Code - FIN
DIVISION 9 - CALIFORNIA FINANCING LAW
CHAPTER 1 - General Provisions
ARTICLE 4 - Regulations
Section 22157.

Universal Citation:
CA Fin Code § 22157 (2025)
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22157. (a) Finance lender, broker, and mortgage loan originator licensees shall preserve their books, accounts, and records, if any, for at least three years after making the final entry on any loan recorded therein.

(b) Except as otherwise specified by applicable law, including paragraph (3) of subdivision (b) of Section 5913 of the Streets and Highways Code, program administrator licensees shall preserve their books, accounts, and records for at least three years after the extinguishment of a PACE assessment is recorded therein.

(c) This section shall become operative on January 1, 2019.

(Amended (as added by Stats. 2017, Ch. 475, Sec. 54) by Stats. 2018, Ch. 813, Sec. 4. (AB 2063) Effective January 1, 2019.)

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