California Financial Code ARTICLE 4 - Branch Offices

  • Section 18145.
    Subject to Section 18145.1, when authorized by the commissioner as provided in this division, an industrial loan company, pursuant to a resolution of its board...
  • Section 18145.1.
    (a) The commissioner may, by order or regulation, exempt from the requirement of authorization by the commissioner set forth in Section 18145 any establishment of an...
  • Section 18146.
    The request for authority to establish a branch office shall be set forth in an application in such form and containing such information as the...
  • Section 18147.
    The commissioner shall not approve an application for a branch office until the commissioner has ascertained to the commissioner’s satisfaction that the facts set forth...
  • Section 18148.
    The failure of an industrial loan company to open and operate a branch office within six months after the commissioner has issued an order approving...
  • Section 18149.
    When the commissioner has approved an application for permission to establish a branch office and the applicant pays to the commissioner an additional fee of...
  • Section 18150.
    An industrial loan company shall keep posted in a conspicuous place in each branch office the certificate of authorization to transact business issued by the...
  • Section 18151.
    An industrial loan company which opens a branch office without first obtaining a certificate of authorization to transact business shall forfeit to the people of...
  • Section 18152.
    The provisions of Sections 18146, 18147, 18148, 18149, 18150, and 18151 shall not affect branch offices which are opened and operating prior to September 18,...
  • Section 18153.
    An industrial loan company which maintains a branch office or branch offices shall give to each branch office maintained by it a specified designation by...
  • Section 18154.
    With the prior written approval of the commissioner, an industrial loan company may close or discontinue the opertion of any branch office provided public notice...

Last modified: October 22, 2018