2007 California Financial Code Article 2. Applications And Reports

CA Codes (fin:33220-33224)

33220.  Each application filed with the commissioner under this
division or under any regulation or order issued under this division
shall be in such form, shall contain such information, shall be
signed in such manner, and shall (if the commissioner so requires by
regulation or order) be verified in such manner, as the commissioner
may by regulation or order require.



33221.  Each report filed with the commissioner under this division
or under any regulation or order issued under this division shall be
in such form, shall (subject to any limitations set forth in this
division) contain such information, shall be signed in such manner,
and shall (if the commissioner so requires by regulation or order) be
verified in such manner, as the commissioner may by regulation or
order require.



33222.  No person shall make any untrue statement of any material
fact in any application or report filed with the commissioner under
this division or under any regulation or order issued under this
division, or willfully omit to state in any such application or
report any material fact which is required to be stated therein.




33223.  In determining whether to approve any application filed
under this division or under any regulation or order issued under
this division, the commissioner may consider proposals made by the
applicant, including proposals to appoint officers or to sell
securities; and, if in the opinion of the commissioner it is probable
that the applicant will be able to implement any such proposal, the
commissioner may make findings on the basis of such proposal.
However, whenever the commissioner approves an application on the
basis, in whole or in part, of a proposal made by the applicant, the
commissioner shall impose upon such approval appropriate conditions
requiring that the applicant implement such proposal within such
period of time as the commissioner may specify.



33224.  If the commissioner finds, with respect to any application
filed under this division or under any regulation or order issued
under this division, that not all the information which the
commissioner required by regulation or order to be provided in or in
connection with such application has been provided, the commissioner
may deny the application.