{"data":{"id":"us-ca/fin-2122","jurisdiction":"us-ca","citation":"FIN § 2122","heading":"","body":"A licensee shall file a report with the commissioner within five business days after the licensee has reason to know of the occurrence any of the following events:\n(a) The filing of a petition by or against the licensee under the United States Bankruptcy Code (11 U.S.C. Secs. 101-110, incl.) for bankruptcy or reorganization.\n(b) The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors.\n(c) The commencement of a proceeding to revoke or suspend its license in a state or country in which the licensee engages in business or is licensed.\n(d) The cancellation or other impairment of the licensee’s bond or other security.\n(e) A charge or conviction of the licensee or of an executive officer, manager, director, or person in control of the licensee for a felony.\n(f) A charge or conviction of an agent for a felony.","path":["Financial Code - FIN","DIVISION 1.2. MONEY TRANSMISSION ACT [2000. - 2176.]","CHAPTER 7. Examinations, Special Reports, and Records [2120. - 2127.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"0f731ffdb5ad71f0c8630fe80656a0968fbefaf3ed4e754a7ca2bf17a13314ee","source_id":"us-ca","stale":false,"prev":"us-ca/fin-2121","next":"us-ca/fin-2123"},"notice":"GroundRules: Original legal text. Not legal advice."}