Section 17609.2 Of Chapter 4. Revocation Of License From California Financial Code >> Division 6. >> Chapter 4.

. Whenever the commissioner deems it necessary for the general welfare of the public, the commissioner has continuous authority to exercise the powers set forth in this division whether or not an application for a license has been filed with the commissioner, any license has been issued, or if issued, has been surrendered, suspended, or revoked.