Statute · California Financial Code
Cal. Fin. Code § 18671 — Facilities of Insured Foreign (Other State) Industrial Loan Companies
Cal. Fin. Code § 18671
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1995-10-02
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) No foreign (other state) industrial loan company may establish or maintain an office in this state at which it engages in noncore industrial loan company business unless the industrial loan company complies with this article and applicable provisions of Article 1 (commencing with Section 18660).
Citator
Cal. Fin. Code § 18671 — Facilities of Insured Foreign (Other State) Industrial Loan Companies is in force in the current edition of the Code, and nothing recorded condemns it.
(a) No foreign (other state) industrial loan company may establish or maintain an office in this state at which it engages in noncore industrial loan company business unless the industrial loan company complies with this article and applicable provisions of Article 1 (commencing with Section 18660).
(b) (1) No person may establish or maintain an office in this state as representative of an insured foreign (other state) industrial loan company unless the industrial loan company complies with this article and applicable provisions of Article 1 (commencing with Section 18660).
(2) For purposes of this article, if any person establishes or maintains an office in this state as representative of an insured foreign (other state) industrial loan company, the insured foreign (other state) industrial loan company is deemed to establish and maintain the office as a facility.