On October 25, 2019, the Department of Business Oversight issued a notice of rulemaking to amend the regulations under the California Financing Law. The proposed changes require applicants and licensees to transition onto NMLS and set forth licensure requirements for PACE program administrators.

On May 27, 2020, the Department of Business Oversight is issuing the following notice of modifications to this rulemaking action.

Deadline to submit comments: June 12, 2020.

Submit comments to regulations@dbo.ca.gov.

PRO 02/17 Notice of Modifications
PRO 02/17 Proposed Modified Text