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
§ 18704
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
No California industrial loan company may conduct any activity as an agent for an insured depository institution that the California industrial loan company would be prohibited from conducting as a principal.
(Amended by Stats. 1996, Ch. 887, Sec. 71. Effective September 25, 1996.)
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