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MoFo Reenforcement The Enforcement Blog

The DBO Notifies CFL Lenders of New Rate and Other Limitations Imposed by AB 539

Posted in Regulatory Developments

The California Department of Business Oversight (DBO) has issued a Release that summarizes the provisions of California Assembly Bill 539 and addresses some implementation issues. This bill was chaptered as Chapter 708 of the 2019 Statutes and is effective January 1, 2020. Our earlier Client Alert discussed the new law in detail.

Read our client alert.