California · Financial Code

FIN §454: The commissioner shall call for the report specified in Section 453 from all licensees at least four times each year upon dates selected by the commissioner.

What this law says, in plain English

The commissioner must request reports from all licensees at least four times yearly on dates the commissioner chooses.

Read the full statutory text
The commissioner shall call for the report specified in Section 453 from all licensees at least four times each year upon dates selected by the commissioner.

Verify at the official source: California legislative text

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.