California Statutes
§ 18696. — 18696. (Amended by Stats. 1996, Ch. 887, Sec. 65.)
California·Code FIN Financial Code - FIN·Div. 7. DIVISION 7. INDUSTRIAL LOAN COMPANIES·Ch. 10. CHAPTER 10. Foreign (Other State) Industrial Loan Companies: Agency Activities·Art. 4. ARTICLE 4. California Industrial Loan Company as Principal
If the commissioner finds that any activity performed by an insured depository institution as agent for a California industrial loan company is not an authorized agency activity or that the agency arrangement is inconsistent with safe and sound practices, the commissioner may order the California industrial loan company to terminate the agency arrangement.
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California § 18696. (18696. (Amended by Stats. 1996, Ch. 887, Sec. 65.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1996, Ch. 887, Sec. 65. Effective September 25, 1996.