A license issued under the Debt Collection Licensing Act is effective until it is revoked or suspended by the Commissioner, or surrendered by the licensee and the surrender has been accepted by the Commissioner pursuant to Section 100014 of the Financial Code and Section 1850.61 of these rules.
Cal. Code Regs. Tit. 10, § 1850.60
Note: Authority cited: Section 100003, Financial Code. Reference: Sections 100014 and 100022, Financial Code.