GroundRules
FIN § 18705
Where this section sits in the code
- Financial Code - FIN
- DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]
- CHAPTER 10. Foreign (Other State) Industrial Loan Companies: Agency Activities [18660. - 18707.]
- ARTICLE 5. California Industrial Loan Company as Agent [18700. - 18707.]
(a) No office of a California industrial loan company that conducts authorized agency activities as agent for an insured depository institution in accordance with this article shall, on that account, be deemed to be an office of the insured depository institution.
(b) For purposes of this division, no insured depository institution that has a California industrial loan company engaged in authorized agency activities as its agent shall on that account be deemed to be transacting business in this state.
Collected 2026-09-14T05:56:33Z. Source file · JSON