{"code":"FIN","codeName":"Financial Code","section":"18700","citation":"Fin. Code, § 18700","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","url":"https://blackletter.si/financial-code/division-7"},{"name":"CHAPTER 10. Foreign (Other State) Industrial Loan Companies: Agency Activities [18660. - 18707.]","url":"https://blackletter.si/financial-code/division-7/chapter-10"},{"name":"ARTICLE 5. California Industrial Loan Company as Agent [18700. - 18707.]","url":"https://blackletter.si/financial-code/division-7/chapter-10/article-5"}],"history":"Amended by Stats. 1996, Ch. 887, Sec. 67.   Effective September 25, 1996.","effective":"1996-09-25","html":"<p>Notwithstanding the provisions of Sections <a href=\"/fin/18147\">18147</a> and <a href=\"/fin/18165\">18165</a>, 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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/financial-code/california-industrial-loan-company-as-agent-18700","source":"California Legislative Information bulk export (pubinfo)"}