California 2021-2022 Regular Session

California Assembly Bill AB1333 Latest Draft

Bill / Introduced Version Filed 02/19/2021

                            CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 1333Introduced by Assembly Member WicksFebruary 19, 2021 An act to amend Section 12000 of the Financial Code, relating to financial regulation. LEGISLATIVE COUNSEL'S DIGESTAB 1333, as introduced, Wicks. Check sellers, bill payers, and proraters.Existing law, the Check Sellers, Bill Payers and Proraters Law, defines and regulates the activities of check sellers, bill payers, and proraters. Existing law defines a check seller as, among other things, a person who, for compensation, engages in the business of selling checks, drafts, money orders, or other commercial paper or for receiving money as agent of an obligor for the purpose of paying bills, invoices, or accounts of an obligor.This bill would make nonsubstantive changes in the title of the Check Sellers, Bill Payers and Proraters Law.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 12000 of the Financial Code is amended to read:12000. This division is known known, and may be cited cited, as the Check Sellers, Bill Payers and Proraters Law.

 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 1333Introduced by Assembly Member WicksFebruary 19, 2021 An act to amend Section 12000 of the Financial Code, relating to financial regulation. LEGISLATIVE COUNSEL'S DIGESTAB 1333, as introduced, Wicks. Check sellers, bill payers, and proraters.Existing law, the Check Sellers, Bill Payers and Proraters Law, defines and regulates the activities of check sellers, bill payers, and proraters. Existing law defines a check seller as, among other things, a person who, for compensation, engages in the business of selling checks, drafts, money orders, or other commercial paper or for receiving money as agent of an obligor for the purpose of paying bills, invoices, or accounts of an obligor.This bill would make nonsubstantive changes in the title of the Check Sellers, Bill Payers and Proraters Law.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO 





 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION

 Assembly Bill 

No. 1333

Introduced by Assembly Member WicksFebruary 19, 2021

Introduced by Assembly Member Wicks
February 19, 2021

 An act to amend Section 12000 of the Financial Code, relating to financial regulation. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

AB 1333, as introduced, Wicks. Check sellers, bill payers, and proraters.

Existing law, the Check Sellers, Bill Payers and Proraters Law, defines and regulates the activities of check sellers, bill payers, and proraters. Existing law defines a check seller as, among other things, a person who, for compensation, engages in the business of selling checks, drafts, money orders, or other commercial paper or for receiving money as agent of an obligor for the purpose of paying bills, invoices, or accounts of an obligor.This bill would make nonsubstantive changes in the title of the Check Sellers, Bill Payers and Proraters Law.

Existing law, the Check Sellers, Bill Payers and Proraters Law, defines and regulates the activities of check sellers, bill payers, and proraters. Existing law defines a check seller as, among other things, a person who, for compensation, engages in the business of selling checks, drafts, money orders, or other commercial paper or for receiving money as agent of an obligor for the purpose of paying bills, invoices, or accounts of an obligor.

This bill would make nonsubstantive changes in the title of the Check Sellers, Bill Payers and Proraters Law.

## Digest Key

## Bill Text

The people of the State of California do enact as follows:SECTION 1. Section 12000 of the Financial Code is amended to read:12000. This division is known known, and may be cited cited, as the Check Sellers, Bill Payers and Proraters Law.

The people of the State of California do enact as follows:

## The people of the State of California do enact as follows:

SECTION 1. Section 12000 of the Financial Code is amended to read:12000. This division is known known, and may be cited cited, as the Check Sellers, Bill Payers and Proraters Law.

SECTION 1. Section 12000 of the Financial Code is amended to read:

### SECTION 1.

12000. This division is known known, and may be cited cited, as the Check Sellers, Bill Payers and Proraters Law.

12000. This division is known known, and may be cited cited, as the Check Sellers, Bill Payers and Proraters Law.

12000. This division is known known, and may be cited cited, as the Check Sellers, Bill Payers and Proraters Law.



12000. This division is known known, and may be cited cited, as the Check Sellers, Bill Payers and Proraters Law.