2180 Department of Corporations
Program Descriptions

10 - INVESTMENT PROGRAM

The Investment Program protected investors in securities and franchise investment transactions and promoted efficient capital formation in California. The program qualified the offer and sale of certain securities, registered the sale of franchises, and licensed and examined broker-dealers and investment advisers.

20 - LENDER-FIDUCIARY PROGRAM

The Lender-Fiduciary Program protected the public when borrowing and entering into financial transactions with lenders and fiduciaries licensed by the Department. The program licensed and examined mortgage bankers, finance lenders, escrow companies, deferred deposit originators, bill payers, and proraters.

50 - ADMINISTRATION

This program provided executive leadership and direction to the Department, including planning, policy development, budgeting, accounting, personnel, centralized support services, business and information technology services.