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Earlier editions: 2020-112018-11

DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS 31000-31952›CHAPTER 5. Offices 31300-31322›ARTICLE 2. Establishing, Relocating, and Closing Offices 31320-31322

§ 31320

California Financial Code · 2026 edition · updated 2026-10-04 · California

(a) No licensee shall relocate its head office without the prior approval of the commissioner.

(b) No licensee shall establish, relocate, or close any office (other than its head office) unless it files a report on the action with the commissioner not less than 30 days (or such shorter period as the commissioner may approve) before taking the action.

(Amended by Stats. 1996, Ch. 1064, Sec. 656. Effective January 1, 1997. Operative July 1, 1997.)

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