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 Oversight.

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.