Cal. Code Regs. Tit. 10, § 2846.1 - Material Change -Multi-Lender Loans

Current through Register 2021 Notice, Register No. 40, October 1, 2021

A material change requiring an amended notice under Section10238(a) of the Code shall include but shall not be limited to the following:

(a) A change of the month in which the broker's fiscal year ends.
(b) A change with respect to whether the broker is (or expects to be) required to file reports of inspection of its trust account(s) with the Real Estate Commissioner pursuant to paragraph (3) of subdivision (k) of Section 10238 of the Code.
(c) A change with respect to the identity of the Servicing Agent.

Notes

Cal. Code Regs. Tit. 10, § 2846.1

Note: Authority cited: Section 10080, Business and Professions Code. Reference: Section 10238, Business and Professions Code.

1. New section filed 6-20-2002; operative 7-20-2002 (Register 2002, No. 25).
2. Amendment of first paragraph, subsection (b) and Note filed 2-28-2006; operative 3-30-2006 (Register 2006, No. 9).

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