Statute · California Financial Code

Cal. Fin. Code § 18704 — California Industrial Loan Company as Agent

Cal. Fin. Code § 18704

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1996-09-25
Current through
Nov 2, 2026 (California Legislative Counsel)

No California industrial loan company may conduct any activity as an agent for an insured depository institution that the California industrial loan company would be prohibited from conducting as a principal.

Citator

Cal. Fin. Code § 18704 — California Industrial Loan Company as Agent is in force in the current edition of the Code, and nothing recorded condemns it.

No California industrial loan company may conduct any activity as an agent for an insured depository institution that the California industrial loan company would be prohibited from conducting as a principal.