California Statutes

§ 18696. — 18696. (Amended by Stats. 1996, Ch. 887, Sec. 65.)

California § 18696.
JurisdictionCalifornia
Code FINFinancial 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

This text of California § 18696. (18696. (Amended by Stats. 1996, Ch. 887, Sec. 65.)) 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 § 18696. (2026).

Text

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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Legislative History

Amended by Stats. 1996, Ch. 887, Sec. 65. Effective September 25, 1996.
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California § 18696., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18696..