Financial Code § 18704

ARTICLE 5. California Industrial Loan Company as Agent

Current as of September 28, 2026Fin. Code, § 18704Official source ↗

Amended by Stats. 1996, Ch. 887, Sec. 71. Effective September 25, 1996.

No California industrial loan company may conduct any activity as an agent for an insured depository institution that the California industrial loan company would be prohibited from conducting as a principal.