Fin. Code, § 18700 · Article 5. California Industrial Loan Company as Agent

Fin. Code, § 18700

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Notwithstanding the provisions of Sections 18147 and 18165, a California industrial loan company may, with the prior approval of the commissioner and subject to any rules that the commissioner may prescribe, engage in authorized agency activities as agent for an insured depository institution.

Notes and commentary — not statutory text

History

Amended by Stats. 1996, Ch. 887, Sec. 67. Effective September 25, 1996.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN&sectionNum=18700.
Text hash: sha256 7180e1fb2792c541b273c127cf0a14890e31e5af5c63f257306caa583c4bd294
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

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Financial Code

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