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How often must a CRMLA licensee file its annual report with DFPI?

Correct Answer

B) Annually, on or before March 1

California Financial Code CRMLA provisions require the annual report on or before March 1. The legacy 120-day wording was not the current officially supported rule.

Answer Options
A
Quarterly, within 30 days after each quarter ends
B
Annually, on or before March 1
C
Annually, within 90 days after the licensee's fiscal year ends
D
Only after DFPI sends a written request

Why This Is the Correct Answer

California Financial Code CRMLA provisions require the annual report on or before March 1. The legacy 120-day wording was not the current officially supported rule.

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