§ 18368. — 18368. (Amended by Stats. 1996, Ch. 887, Sec. 52.)

California § 18368.

• Jurisdiction: California
• Code FIN: Financial Code - FIN
• Div. 7.: DIVISION 7. INDUSTRIAL LOAN COMPANIES
• Ch. 5.: CHAPTER 5. Administration and Powers of the Commissioner
• Art. 1.: ARTICLE 1. General

Text

(a)
The commissioner may make the agreements that he or she deems necessary or appropriate in exercising his or her powers.
(b)
(1)
The agreements authorized under subdivision (a) may include, but are not limited to, agreements with agencies of this state, of other states of the United States, or of the United States that regulate financial institutions, relating to examinations of industrial loan companies and other matters.
(2)
Any agreement with a government agency that regulates financial institutions is exempt from the advertising and competitive bidding requirements of the Public Contract Code.

Legislative History

Amended by Stats. 1996, Ch. 887, Sec. 52. Effective September 25, 1996.