California Financial Code CHAPTER 8 - Acquisition of Control

• Section 31550.
  No person shall, except with the prior approval of the commissioner, acquire control of a licensee.(Amended by Stats. 1996, Ch. 1064, Sec. 669. Effective January...
• Section 31551.
  If the commissioner finds, with respect to an application for approval to acquire control of a licensee:(a) That the applicant and the directors and officers of...
• Section 31551.5.
  (a) For purposes of Section 31551, the commissioner may find:(1) That an applicant or a director or officer of an applicant is not of good character if...
• Section 31552.
  The commissioner may, by such regulations or orders as he or she deems necessary and appropriate, either unconditionally or upon specified terms and conditions or...

Last modified: October 22, 2018