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DFPI's licensing requirements distinguish the $25,000 bond from the separate $25,000 net-worth qualification. They require an application for each location and provide a short form for qualifying additional locations. Identify the exact legal licensee and all covered locations rather than buying a separate bond merely because another location needs an application.

Complete Section23013 requires one $25,000 bond for multiple licensed locations. A copy of the bond and later riders or endorsements must be filed for review and approval within ten days of execution. The commissioner may require new security when an action begins, and a new bond is required immediately after recovery. The section's ten-day replacement deadlines should not be confused with a new selectable product term or permission to operate with depleted security.

Purchase Now opens Propeller's California Deferred Deposit Transaction Law License application in a new tab. Bring DFPI's current request, exact company and license identifiers, all locations, accepted instrument, required sum and dates. Match them before paying. Arrange execution and accepted bond-copy filing, confirm receipt and approval, submit each separate license application or amendment and retain acceptance. Include later riders and endorsements in the required filing; payment alone does not authorize deferred deposit business.