Financial Code § 31320

ARTICLE 2. Establishing, Relocating, and Closing Offices

Current as of September 28, 2026Fin. Code, § 31320Official source ↗

Amended by Stats. 1996, Ch. 1064, Sec. 656. Effective January 1, 1997. Operative July 1, 1997.

(a) No licensee shall relocate its head office without the prior approval of the commissioner.

(b) No licensee shall establish, relocate, or close any office (other than its head office) unless it files a report on the action with the commissioner not less than 30 days (or such shorter period as the commissioner may approve) before taking the action.