Article 5. Transition Provisions of California Financial Code >> Division 10. >> Chapter 3. >> Article 5.
(a) The Legislature finds and declares that it is in the
public interest for the administration and enforcement of this
division to be undertaken by the Department of Business Oversight.
(b) It is therefore the intent of the Legislature to transfer the
existing responsibilities relating to administration and enforcement
of check cashers that engage in activities subject to this division
from the Department of Justice to the Department of Business
The Commissioner of Business Oversight and the Department of
Business Oversight shall succeed to, and are vested with, all
duties, powers, purposes, responsibilities, and jurisdiction of the
Department of Justice as they relate to check cashers who engage in
the activities subject to this division.
The Department of Business Oversight may use the unexpended
balance of funds available for use in connection with the performance
of duties of the Department of Justice to which the Department of
Business Oversight succeeds pursuant to Section 23071.
All officers and employees of the Department of Justice who,
on the operative date of this division, are performing any duty,
power, purpose, responsibility, or jurisdiction to which the
Department of Business Oversight succeeds, and who are serving in the
civil service, other than as temporary employees or persons in
positions exempted from civil service, shall be transferred to the
Department of Business Oversight. The status, position, and rights of
those persons shall not be affected by the transfer and shall be
retained by those persons as officers and employees of the Department
of Business Oversight, pursuant to Part 2 (commencing with Section
18500) of Division 5 of Title 2 of the Government Code.
The Department of Business Oversight shall have possession
and control of all records, criminal history information, papers,
equipment, supplies, moneys, funds, appropriations, licenses,
permits, contracts, claims, judgments, land, and other property, real
or personal, connected with the administration of, or held for the
benefit or use of, the Department of Justice for the performance of
the functions transferred to the Department of Business Oversight
pursuant to Section 23071.