Section 22151 Of Article 4. Regulations From California Financial Code >> Division 9. >> Chapter 1. >> Article 4.
22151
. (a) A finance lender license, broker license, and the
license of every mortgage loan originator employed by a lender or
finance broker, along with any currently effective order of the
commissioner approving a different name pursuant to Section 22155,
shall be conspicuously posted in the place of business authorized by
the license.
(b) A license is not transferable or assignable. A license issued
to a partnership or a limited partnership is not transferred or
assigned within the meaning of this section by the death, withdrawal,
or admission of a partner, general partner, or limited partner,
unless the death, withdrawal, or admission dissolves the partnership
to which the license was issued.