California § 18303. 18303. (Added by Stats. 1989, Ch. 889, Sec. 6.)

California Statutes

§ 18303. — 18303. (Added by Stats. 1989, Ch. 889, Sec. 6.)

California § 18303.

JurisdictionCalifornia

Code FINFinancial Code - FIN

Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES

Ch. 3.CHAPTER 3. Loans and Purchased Obligations

Art. 6.5.ARTICLE 6.5. Open-End Loans

This text of California § 18303. (18303. (Added by Stats. 1989, Ch. 889, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Financial Code - FIN Code § 18303. (2026).

Text

The commissioner shall approve the request made pursuant to Section 18302 within 30 days after filing unless the commissioner has ascertained that the company has failed to show either of the following:

(a)That the proposed plan of business has a reasonable promise of a successful operation.

(b)That the company has a person with the necessary business qualifications, experience, or ability to direct and manage the operations of the plan of business.

Free access — add to your briefcase to read the full text and ask questions with AI

The commissioner shall approve the request made pursuant to Section 18302 within 30 days after filing unless the commissioner has ascertained that the company has failed to show either of the following:
(a)
That the proposed plan of business has a reasonable promise of a successful operation.
(b)
That the company has a person with the necessary business qualifications, experience, or ability to direct and manage the operations of the plan of business.

Legislative History

Added by Stats. 1989, Ch. 889, Sec. 6.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

California § 18303., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18303..