Earlier editions: 2020-112018-11
DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 10. Foreign (Other State) Industrial Loan Companies: Agency Activities 18660-18707›ARTICLE 5. California Industrial Loan Company as Agent 18700-18707
§ 18700
California Financial Code · 2026 edition · updated 2026-10-04 · California
Notwithstanding the provisions of Sections 18147 and 18165, a California industrial loan company may, with the prior approval of the commissioner and subject to any rules that the commissioner may prescribe, engage in authorized agency activities as agent for an insured depository institution.
(Amended by Stats. 1996, Ch. 887, Sec. 67. Effective September 25, 1996.)
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