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2019 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities
ARTICLE 5 - California Industrial Loan Company as Agent
Section 18700.
Universal Citation: CA Fin Code § 18700 (2019)
18700.
Notwithstanding the provisions of Sections 18147 and 18165, a California industrial loan company may, with the prior approval of the commissioner and subject to any rules that the commissioner may prescribe, engage in authorized agency activities as agent for an insured depository institution.
(Amended by Stats. 1996, Ch. 887, Sec. 67. Effective September 25, 1996.)
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