LOS ANGELES BUSINESS LAWYER

Online Forms for CFLL, CDDTL Annual Reports Set for Release Jan. 23

Licensees under the California Finance Lenders Law (CFLL) and California Deferred Deposit Transaction Law (CDDTL) will be able to start working to complete their 2016 annual reports starting Jan. 23, when the online report forms and instructions are scheduled to become available on the DBO website portal.

Both the CFLL Annual Report and the CDDTL Annual Report and Industry Survey must be filed with the DBO no later than Mar. 15. The DBO strongly recommends licensees start work on completing their reports as soon as possible to allow themselves enough time to resolve any difficulties and still meet the Mar. 15 filing deadline.

As a reminder to CDDTL licensees, both the Annual Report and Industry Survey are mandatory.