Statute · California Financial Code

Cal. Fin. Code § 18407 — Reports and Financial Statements

Cal. Fin. Code § 18407

Type
Statute
Source
California Financial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

An industrial loan company shall, when requested by the commissioner, submit its unaudited financial statements, prepared in accordance with generally accepted accounting principles and consisting of at least a balance sheet and a statement of income as of the date and for the period specified…

Citator

Cal. Fin. Code § 18407 — Reports and Financial Statements is in force in the current edition of the Code, and nothing recorded condemns it.

An industrial loan company shall, when requested by the commissioner, submit its unaudited financial statements, prepared in accordance with generally accepted accounting principles and consisting of at least a balance sheet and a statement of income as of the date and for the period specified by the commissioner. The commissioner may require the submission of such reports on a monthly or other periodic basis.