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Credit Services Organization Bonds And Getting Your California Business License/Registration
To obtain a Certificate of Registration from the California Department of Justice pursuant to the California Civil Code section 1789.25, you must complete the application and provide all required documents. The information along with filing fee must be submitted payable to the Department of Justice to: Department of Justice, Attorney General's Office, P.O. Box 85266, San Diego, CA 92186-5266.
Before a Certificate of Registration will be granted, credit services organizations must obtain a bond in the amount of $100,000, or make a deposit in lieu of the bond, and to file a copy with the California Secretary of State. The Certificate of Registration will not be granted until the Secretary of State acknowledges that the bond or deposit has been properly filed. The Certificate of Registration issued will expire at the end of the year it is issued. It is the applicants responsibility to renew the registration before January 1st of each year. No renewal notice or reminder will be sent by the state. You may obtain a copy of the application for registering your credit services organization, and read a copy of the law to learn important information on additional requirements.