Transition Provisions - Enforcement - Financial - CA

Section § 23070

This law explains that managing and ensuring compliance with the rules for check cashers will now be handled by the Department of Financial Protection and Innovation. Previously, the Department of Justice was responsible for this. The change aims to align check cashing oversight with public interest goals.

(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 Financial Protection and Innovation.

(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 Financial Protection and Innovation.

Department of Financial Protection and Innovation check cashers oversight administration transfer ...

Section § 23071

This law states that the Commissioner of Financial Protection and Innovation, along with their department, takes over all responsibilities and authority previously held by the Department of Justice when it comes to overseeing check cashers operating under this specific set of rules.

The Commissioner of Financial Protection and Innovation and the Department of Financial Protection and Innovation 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.

Commissioner of Financial Protection Department of Financial Protection Financial oversight ...

Section § 23072

This section allows the Department of Financial Protection and Innovation to use leftover funds that were originally meant for the Department of Justice, as part of the responsibilities that have been transferred to it.

The Department of Financial Protection and Innovation 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 Financial Protection and Innovation succeeds pursuant to Section 23071.

Department of Financial Protection and Innovation unexpended funds Department of Justice duties ...

Section § 23073

This law states that employees of the Department of Justice who are involved in duties that are now under the responsibility of the Department of Financial Protection and Innovation will be moved to the latter. Their employment status and rights will remain unchanged even after the transfer.

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 Financial Protection and Innovation 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 Financial Protection and Innovation. 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 Financial Protection and Innovation, pursuant to Part 2 (commencing with Section 18500) of Division 5 of Title 2 of the Government Code.

Department of Justice Department of Financial Protection and Innovation employee transfer ...

Section § 23074

This law states that the Department of Financial Protection and Innovation is in charge of managing all materials and information—such as records, funds, licenses, and property—related to tasks that the Department of Justice has passed over to it. Essentially, anything needed to perform these duties is now under the control of this department.

The Department of Financial Protection and Innovation 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 Financial Protection and Innovation pursuant to Section 23071.

Department of Financial Protection and Innovation transferred functions records management ...