Statute · California Financial Code
Cal. Fin. Code § 22378 — Pilot Program for Increased Access to Responsible Small Dollar Loans
Cal. Fin. Code § 22378
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2014-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding the requirements of Section 22102 and its implementing regulations, a licensee accepted to participate in the program may appoint one or more branch managers with responsibility for multiple branch locations, subject to approval by the commissioner, and a finding by the…
Citator
Cal. Fin. Code § 22378 — Pilot Program for Increased Access to Responsible Small Dollar Loans is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding the requirements of Section 22102 and its implementing regulations, a licensee accepted to participate in the program may appoint one or more branch managers with responsibility for multiple branch locations, subject to approval by the commissioner, and a finding by the commissioner that the centralized nature of underwriting and other key business activities performed by the licensee does not require a unique manager for each branch location, to ensure the protection of consumers who seek out loans from the licensee. The commissioner may revoke this approval at any time, upon a finding that a unique branch manager at each branch location is required for consumer protection.