Business, Transportation & Housing
2180 Department of Corporations

The Department of Corporations, under the direction of the California Corporations Commissioner, provides consumer and investor protections by regulating the conduct of a variety of businesses, including securities brokers and dealers, investment advisers and financial planners, and certain fiduciaries and lenders. The Department also oversees the offer and sale of securities, franchises and off-exchange commodities.

Given this responsibility, the Department has a three-part mission:

  • Ensure an efficient and accessible financial services marketplace in California. More.....

MAJOR PROGRAM CHANGES Back to Top
  • The Governor's Budget proposes $1.3 million and eight positions to implement the federally mandated Secure and Fair Enforcement Licensing Act of 2008 (SAFE Act). The SAFE Act requires states to implement a licensing program for mortgage loan originators.
PROGRAMS Back to Top
The following table presents total proposed budget year personnel years and expenditures for each budgeted program area. These expenditures include all funding sources that support the state agency's programs.
Code Program
 Proposed
2010-11*
Personnel
Years
Dollars
10 Investment Program
133.4
$22,468
20 Lender-Fiduciary Program
129.5
21,506
50.01 Administration
67.3
6,239
50.02 Distributed Administration
-
-6,239
Totals, Personnel Years and Expenditures (excluding Infrastructure)
330.2
$43,974
 
 Infrastructure Expenditures
-
-
Totals, Personnel Years and All Expenditures
330.2
$43,974

Refer to the Program Descriptions for a description of programs operated by this state agency.

Refer to the 3-Yr Expenditures & Personnel Years for expenditures, personnel years, and funding detail.
PRINTABLE BUDGET DOCUMENTS Back to Top
The following identifies budget documents for this state agency that are available in a printable (pdf) format.

Entire Department of Corporations Budget (pdf * - 17K) in pdf format.
This document provides a printable format (pdf) of all budget information for this state agency. Note: Along with other information, this document includes the documents listed below.

 Fund Condition Statements ONLY (pdf * - 3K)
This document provides a printable format (pdf) of only the fund condition statements for each fund administered by this state agency.

 Detail of Appropriations and Adjustments ONLY (pdf * - 2K)
This document provides a printable format (pdf) of only the detail of appropriations and adjustments for this state agency.

ADDITIONAL INFORMATION Back to Top
Legal Citations and Authority
Includes the legal citations (state statutes, federal statutes, and court orders) for operation of department programs and activities.