Code Section

Financial Code - FIN

DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000 - 18707]

  ( Division 7 repealed and added by Stats. 1976, Ch. 964. )
  

CHAPTER 10. Foreign (Other State) Industrial Loan Companies: Agency Activities [18660 - 18707]

  ( Chapter 10 added by Stats. 1995, Ch. 479, Sec. 7. )
  

ARTICLE 5. California Industrial Loan Company as Agent [18700 - 18707]
  ( Article 5 added by Stats. 1995, Ch. 479, Sec. 7. )

  
18704.  

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.

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