California Financial Code 18650 – This chapter does not apply to any of the following …
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This chapter does not apply to any of the following transactions:
(a) An acquisition of control of a California industrial loan company that requires the approval of the commissioner under Section 18138.
Terms Used In California Financial Code 18650
- company: as used in this division means a premium finance agency as defined in Section 18560. See California Financial Code 18003
(b) A sale or merger that requires the approval of the commissioner under Division 1.5 (commencing with Section 4800).
(Added by Stats. 1995, Ch. 479, Sec. 6. Effective October 2, 1995.)