California Financial Code 18704 – No California industrial loan company may conduct any activity as an …
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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.)
Terms Used In California Financial Code 18704
- company: as used in this division means a premium finance agency as defined in Section 18560. See California Financial Code 18003