California Legal Codes and Statutes

§ 22716

Amended (as added by Stats. 2017, Ch. 475, Sec. 83) by Stats. 2018, Ch. 813, Sec. 14. (AB 2063) Effective January 1, 2019.
(a)The revocation, suspension, expiration, or surrender of any license does not impair or affect the obligation of any preexisting lawful contract between the licensee and any borrower or property owner, nor the validity and enforceability of any bonds issued and secured by those contracts. This division does not affect the validity and enforceability of any PACE assessment contracts entered into or bonds issued and secured by those contracts.
(b)This section shall become operative on January 1, 2019.

Cite this section

Cal. Fin. Code § 22716 (2026)
https://ca.codecond.com/codes/fin/division-9-california-financing-law/chapter-4-revocation-and-penalties/article-1-revocation-and-suspension-of-license/section-22716

Other sections in Article 1 - Revocation and Suspension of License

§ 22700§ 22701§ 22702§ 22703§ 22704§ 22705§ 22705.1§ 22706§ 22707§ 22707.5…§ 22709§ 22710§ 22711§ 22712§ 22713§ 22714§ 22715§ 22716§ 22717§ 22718

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.