CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 1465Introduced by Senator AllenFebruary 18, 2022 An act to amend Section 378 of the Financial Code, relating to financial institutions. LEGISLATIVE COUNSEL'S DIGESTSB 1465, as introduced, Allen. Financial institutions.Existing law, the Financial Institutions Law, requires the Commissioner of Financial Protection and Innovation to promptly advise the Attorney General whenever they are notified or discover a violation of the state law punishable by criminal penalties. This bill would make a nonsubstantive change to this provision.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 378 of the Financial Code is amended to read:378. Whenever the commissioner is notified of or discovers a violation of the state law punishable by criminal penalties, he or she they shall promptly advise the Attorney General.
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 1465Introduced by Senator AllenFebruary 18, 2022 An act to amend Section 378 of the Financial Code, relating to financial institutions. LEGISLATIVE COUNSEL'S DIGESTSB 1465, as introduced, Allen. Financial institutions.Existing law, the Financial Institutions Law, requires the Commissioner of Financial Protection and Innovation to promptly advise the Attorney General whenever they are notified or discover a violation of the state law punishable by criminal penalties. This bill would make a nonsubstantive change to this provision.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION
Senate Bill
No. 1465
Introduced by Senator AllenFebruary 18, 2022
Introduced by Senator Allen
February 18, 2022
An act to amend Section 378 of the Financial Code, relating to financial institutions.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 1465, as introduced, Allen. Financial institutions.
Existing law, the Financial Institutions Law, requires the Commissioner of Financial Protection and Innovation to promptly advise the Attorney General whenever they are notified or discover a violation of the state law punishable by criminal penalties. This bill would make a nonsubstantive change to this provision.
Existing law, the Financial Institutions Law, requires the Commissioner of Financial Protection and Innovation to promptly advise the Attorney General whenever they are notified or discover a violation of the state law punishable by criminal penalties.
This bill would make a nonsubstantive change to this provision.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 378 of the Financial Code is amended to read:378. Whenever the commissioner is notified of or discovers a violation of the state law punishable by criminal penalties, he or she they shall promptly advise the Attorney General.
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 378 of the Financial Code is amended to read:378. Whenever the commissioner is notified of or discovers a violation of the state law punishable by criminal penalties, he or she they shall promptly advise the Attorney General.
SECTION 1. Section 378 of the Financial Code is amended to read:
### SECTION 1.
378. Whenever the commissioner is notified of or discovers a violation of the state law punishable by criminal penalties, he or she they shall promptly advise the Attorney General.
378. Whenever the commissioner is notified of or discovers a violation of the state law punishable by criminal penalties, he or she they shall promptly advise the Attorney General.
378. Whenever the commissioner is notified of or discovers a violation of the state law punishable by criminal penalties, he or she they shall promptly advise the Attorney General.
378. Whenever the commissioner is notified of or discovers a violation of the state law punishable by criminal penalties, he or she they shall promptly advise the Attorney General.