{"data":{"id":"us-ca/fin-50311","jurisdiction":"us-ca","citation":"FIN § 50311","heading":"","body":"Nothing in this law shall preclude a person whose license has been suspended or revoked, summarily or otherwise, from making a residential mortgage loan pursuant to a commitment issued by that person prior to the suspension or revocation. A prospective borrower who received a commitment issued by a person whose license has been suspended or revoked may, prior to the closing of the loan, terminate the commitment and receive a refund of all money paid to that person.","path":["Financial Code - FIN","DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT [50000. - 50706.]","CHAPTER 5. Administration and Powers of the Commissioner [50301. - 50333.]"],"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":"e94adcb14ce6dc1023708484136b846d11edc1c27f5748698de45287111a0a47","source_id":"us-ca","stale":false,"prev":"us-ca/fin-50310","next":"us-ca/fin-50312"},"notice":"GroundRules: Original legal text. Not legal advice."}