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Bill > SB1041


CA SB1041

CA SB1041
California Financing Law: definitions.


summary

Introduced
02/11/2026
In Committee
02/18/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

An act to amend Section 22003 of the Financial Code, relating to financial institutions.

AI Summary

This bill makes a minor, nonsubstantive change to the California Financing Law, which is a set of regulations overseen by the Department of Financial Protection and Innovation that governs entities like finance lenders, brokers, and program administrators. Specifically, it amends a section of the law that states the definitions provided within that article are to be used to interpret the division unless the context of a particular situation requires otherwise. The change involves removing the word "given" from the sentence, which does not alter the meaning or intent of the provision.

Sponsors (1)

Last Action

Referred to Com. on RLS. (on 02/18/2026)

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