# What Is in California’s Financial Code?

The Financial Code contains 37 Divisions, numerous parts, chapters, and articles containing hundreds of code sections, or individual statutes

By Chris Micheli, March 31, 2022 4:35 pm

The California Financial Code is one of 29 Codes that contain state statutes. The Financial Code contains 37 Divisions. There are also numerous parts, chapters, and articles containing hundreds of code sections, or individual statutes. The following is a broad overview of the Financial Code.

GENERAL PROVISIONS [Sections 1 – 22]

There are 23 Sections.

DIVISION 1. FINANCIAL INSTITUTIONS [Sections 99 – 819]

There are 10 Chapters and 19 Articles.

DIVISION 1.1. BANKING [Sections 1000 – 1910]

There are 22 Chapters and 44 Articles.

DIVISION 1.2. MONEY TRANSMISSION ACT [Sections 2000 – 2176]

There are 9 Chapters and no Articles.

There are 3 Sections.

DIVISION 1.4. CALIFORNIA FINANCIAL INFORMATION PRIVACY ACT [Sections 4050 – 4060]

There are 17 Sections.

DIVISION 1.5. FINANCIAL INSTITUTIONS [Section 4100]

There is 1 Section.

DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [Sections 4800 – 4966]

There are 5 Chapters and 17 Articles.

DIVISION 1.7. COVERED LOANS [Sections 4970 – 4979.8]

There are 3 Chapters.

DIVISION 1.8. SECURITIES SALES [Sections 4981 – 4983]

There are 3 Sections.

DIVISION 1.9. PERSONS CONNECTED WITH FINANCIAL INSTITUTIONS [Sections 4990 – 4991]

There are 2 Sections.

DIVISION 1.10. HIGHER-PRICED MORTGAGE LOANS [Sections 4995 – 4995.6]

There are 7 Sections.

DIVISION 2. SAVINGS ASSOCIATION LAW [Sections 5000 – 10009]

There are 10 Chapters and 58 Articles.

DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS [Sections 12000 – 12404]

There are 5 Chapters.

DIVISION 4. AUTOMATED TELLER MACHINES: USER SAFETY [Sections 13000 – 13070]

There are 7 Chapters.

DIVISION 4.5. AUTOMATED TELLER MACHINE SURCHARGE DISCLOSURE [Sections 13080 – 13083]

There are 4 Sections.

DIVISION 5. CREDIT UNIONS [Sections 14000 – 16906]

There are 11 Chapters and 42 Articles.

DIVISION 6. ESCROW AGENTS [Sections 17000 – 17703]

There are 8 Chapters and 7 Articles.

DIVISION 7. INDUSTRIAL LOAN COMPANIES [Sections 18000 – 18707]

There are 10 Chapters and 35 Articles.

DIVISION 8. PAWNBROKERS [Sections 21000 – 21307]

There are 3 Chapters and 2 Articles.

DIVISION 9. CALIFORNIA FINANCING LAW [Sections 22000 – 22780.1]

There are 5 Chapters and 18 Articles.

DIVISION 9.5. Commercial Financing Disclosures [Sections 22800 – 22805]

There are 8 Sections.

DIVISION 10. CALIFORNIA DEFERRED DEPOSIT TRANSACTION LAW [Sections 23000 – 23106]

There are 3 Chapters and 9 Articles.

DIVISION 10.5. Financial Empowerment Fund [Sections 24000 – 24002]

There are 3 Sections.

DIVISION 11.5. NATIONAL HOUSING ACT LOANS [Sections 27000 – 27050]

There are 2 Chapters.

DIVISION 12. COLLEGE LOANS [Sections 28000 – 28001]

There are 2 Sections.

DIVISION 12.5. Student Loan Servicing Act [Sections 28100 – 28182]

There are 6 Chapters and 6 Articles.

DIVISION 13. PREMIUM FINANCING [Sections 29000 – 29003]

There are 4 Sections.

DIVISION 14. SECURITIES DEPOSITORIES [Sections 30000 – 30704]

There are 4 Chapters.

DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [Sections 31000 – 31952]

There are 13 Chapters and 12 Articles.

There are 6 Chapters and 13 Articles.

DIVISION 19. RELEASE OF DEMAND DEPOSIT FUNDS [Sections 40500 – 40501]

There are 2 Sections.

DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT [Sections 50000 – 50706]

There are 10 Chapters.

DIVISION 20.5. EXCHANGE FACILITATORS [Sections 51000 – 51013]

There are 8 Sections.

DIVISION 22. CALIFORNIA FINANCIAL LITERACY FUND [Sections 70000 – 70004]

There are 5 Sections.

DIVISION 23. BANK ON CALIFORNIA PROGRAM [Sections 80000 – 80002]

There are 3 Sections.

DIVISION 24. California Consumer Financial Protection Law [Sections 90000 – 90019]

There are 10 Chapters.

DIVISION 25. Debt Collection Licensing Act [Sections 100000 – 100025]

There are 5 Chapters and 6 Articles.

- Commission on State Mandates Reports to the California Legislature - November 30, 2022
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- Judicial Review of California Regulations - November 29, 2022