Section 22156 Of Article 4. Regulations From California Financial Code >> Division 9. >> Chapter 1. >> Article 4.
22156
. Finance lender, broker, and mortgage loan originator
licensees shall keep and use in their business, books, accounts, and
records which will enable the commissioner to determine if the
licensee is complying with the provisions of this division and with
the rules and regulations made by the commissioner. On any loan
secured by real property in which loan proceeds were disbursed to an
independent escrowholder, the licensee shall retain records and
documents as set forth by rules of the commissioner adopted pursuant
to Section 22150. Upon request of the commissioner, licensees shall
file an authorization for disclosure to the commissioner of financial
records of the licensed business pursuant to Section 7473 of the
Government Code.