BlackletterCalifornia law

Financial Code § 18700

ARTICLE 5. California Industrial Loan Company as Agent

Current as of September 28, 2026Fin. Code, § 18700Official source ↗

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

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.