§ 18368
93 words·~1 min read·
/ca/financial-code/18368A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The commissioner may make the agreements that he or she deems necessary or appropriate in exercising his or her powers.
(1)The agreements authorized under subdivision
(a)may include, but are not limited to, agreements with agencies of this state, of other states of the United States, or of the United States that regulate financial institutions, relating to examinations of industrial loan companies and other matters.
(2)Any agreement with a government agency that regulates financial institutions is exempt from the advertising and competitive bidding requirements of the Public Contract Code.