Home/California/Statutes/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. 5.: ARTICLE 5. California Industrial Loan Company as Agent/§ 18706.
California Statutes

§ 18706. — 18706. (Amended by Stats. 1996, Ch. 887, Sec. 73.)

California § 18706.
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. 5.ARTICLE 5. California Industrial Loan Company as Agent

This text of California § 18706. (18706. (Amended by Stats. 1996, Ch. 887, Sec. 73.)) 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 § 18706. (2026).

Text

If the commissioner finds that any activities performed by a California industrial loan company as agent for an insured depository institution are not authorized agency activities 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. 73. Effective September 25, 1996.
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California § 18706., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18706..