Cal. Code Regs. tit. 10 § 1950.122.2

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 1950.122.2 - Notice of Officers, Directors, Partners, "Control" Persons, Managers, Members, Trustees and Employees

(a) The notice to accompany the filing of an individual's fingerprints required in the following circumstances shall be made on the form set forth in subsection (c) of this rule:

(1) In compliance with the requirements for a license application in Section 1950.122.4 of Subchapter 11.5 of these rules;

(2) In compliance with the requirements for filing an application for change of control (Rule 1950.206);

(3) In compliance with Section 50317(a) of the Code for an officer, director, partner, shareholder controlling 10 percent or more of the ownership interests or trustee of a licensed residential mortgage lender, residential mortgage lender and servicer, or residential mortgage loan servicer whose office, employment, ownership interest or other participation in the licensed business commenced after January 1, 1995; or

(4) In compliance with the requirements of Rule 1950.301 for certain employees.

(5) For purposes of this section, an individual who has submitted fingerprints through NMLS as part of the application for a mortgage loan originator license is not required to submit an additional set of fingerprints under this rule.

(b) For the purpose of paragraph (4) of subsection (a) of this rule, "employee" means

(1) an individual with access to or responsibility for trust funds held by a licensed residential mortgage lender, residential mortgage lender and servicer, mortgage loan originator, or residential mortgage loan servicer, and

(2) employed by such licensee after January 1, 1995.

(c) The notice shall be made on the following form:

Fee: $20.00 + DOJ Noncriminal Applicant Fingerprint Fee

(Fees should include the Department of Business Oversight's filing fee of [$20.00] and the fee charged by the Department of Justice [Penal Code Section 11105] for processing Noncriminal Applicant Fingerprints.)

Receipt No. ____________________

STATE OF CALIFORNIA DEPARTMENT OF BUSINESS OVERSIGHT

320 West 4th Street, Suite 750

Los Angeles, California 90013-1105

(213) 576-7690

NOTICE OF OFFICERS, DIRECTORS, PARTNERS, "CONTROL" PERSONS, MANAGERS, MEMBERS, TRUSTEES AND EMPLOYEES OF A RESIDENTIAL MORTGAGE LENDER, RESIDENTIAL MORTGAGE LENDER AND SERVICER OR RESIDENTIAL MORTGAGE LOAN SERVICER*

______________________________

Special Instruction: Read

Financial Code Section 50317

before completing this notice. OFFICIAL USE ONLY

LAST NAME _________________________

Date submitted CII: ____________________

Applicant I.D.# _________________________

PLEASE PRINT OR TYPE

NAME OF COMPANY: ________________________________________ FILE NO. _________________________

ADDRESS OF MAIN OFFICE: ____________________(Street)____________________(City)____________________(State)____________________(Zip Code)

EMPLOYING BRANCH OFFICE:

NAME OF OFFICER, DIRECTOR, PARTNER, "CONTROL" PERSON [Financial Code Section 50003(e)], MANAGER, MEMBER, TRUSTEE AND EMPLOYEE:

______________________________(Last)______________________________(First)______________________________(Middle)

___________________________

POSITION HELD OR TO BE HELD:

HOME ADDRESS: (Street)____________________(City)____________________(State)____________________(Zip Code) _______________

DATE OF BIRTH: __________(Month)__________(Day)__________(Year) PLACE OF BIRTH: __________

HEIGHT: _________________________ WEIGHT: _________________________ SEX: _________________________ COLOR OF EYES: ____________________

COLOR OF HAIR: ____________________

__________

* This document shall be treated by the Department of Business Oversight as being received in confidence pursuant to paragraph (4) of subdivision (d) of Section 6254 of the Government Code.

Cal. Code Regs. Tit. 10, § 1950.122.2

1. New section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).
2. Change without regulatory effect amending form filed 5-24-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 22).
3. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and NOTE filed 4-1-2010 as an emergency; operative 4-1-2010 (Register 2010, No. 14). A Certificate of Compliance must be transmitted to OAL by 9-28-2010 or emergency language will be repealed by operation of law on the following day.
4. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and NOTE refiled 9-28-2010 as an emergency; operative 9-28-2010 (Register 2010, No. 40). A Certificate of Compliance must be transmitted to OAL by 12-27-2010 or emergency language will be repealed by operation of law on the following day.
5. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and NOTE refiled 12-23-2010 as an emergency; operative 12-23-2010 (Register 2010, No. 52). A Certificate of Compliance must be transmitted to OAL by 3-23-2011 or emergency language will be repealed by operation of law on the following day.
6. Certificate of Compliance as to 12-23-2010 order, including amendment of subsection (a)(5), transmitted to OAL 3-14-2011 and filed 4-25-2011; amendments operative 5-25-2011 (Register 2011, No. 17).
7. Change without regulatory effect amending form within subsection (c) filed 8-13-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 33).

Note: Authority cited: Section 50304, Financial Code. Reference: Sections 50121, 50122, 50130, 50140 and 50317, Financial Code.

1. New section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).
2. Change without regulatory effect amending form filed 5-24-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 22).
3. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and Note filed 4-1-2010 as an emergency; operative 4-1-2010 (Register 2010, No. 14). A Certificate of Compliance must be transmitted to OAL by 9-28-2010 or emergency language will be repealed by operation of law on the following day.
4. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and Note refiled 9-28-2010 as an emergency; operative 9-28-2010 (Register 2010, No. 40). A Certificate of Compliance must be transmitted to OAL by 12-27-2010 or emergency language will be repealed by operation of law on the following day.
5. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and Note refiled 12-23-2010 as an emergency; operative 12-23-2010 (Register 2010, No. 52). A Certificate of Compliance must be transmitted to OAL by 3-23-2011 or emergency language will be repealed by operation of law on the following day.
6. Certificate of Compliance as to 12-23-2010 order, including amendment of subsection (a)(5), transmitted to OAL 3-14-2011 and filed 4-25-2011; amendments operative 5-25-2011 (Register 2011, No. 17).

1. New section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).
2. Change without regulatory effect amending form filed 5-24-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 22).
3. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and Note filed 4-1-2010 as an emergency; operative 4-1-2010 (Register 2010, No. 14). A Certificate of Compliance must be transmitted to OAL by 9-28-2010 or emergency language will be repealed by operation of law on the following day.
4. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and Note refiled 9-28-2010 as an emergency; operative 9-28-2010 (Register 2010, No. 40). A Certificate of Compliance must be transmitted to OAL by 12-27-2010 or emergency language will be repealed by operation of law on the following day.
5. Amendment of subsection (a)(1), new subsection (a)(5) and amendment of subsection (b) and Note refiled 12-23-2010 as an emergency; operative 12-23-2010 (Register 2010, No. 52). A Certificate of Compliance must be transmitted to OAL by 3-23-2011 or emergency language will be repealed by operation of law on the following day.
6. Certificate of Compliance as to 12-23-2010 order, including amendment of subsection (a)(5), transmitted to OAL 3-14-2011 and filed 4-25-2011; amendments operative 5-25-2011 (Register 2011, No. 17).
7. Change without regulatory effect amending form within subsection (c) filed 8-13-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 33).