§ 18407
64 words·~1 min read·
/ca/financial-code/18407A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An industrial loan company shall, when requested by the commissioner, submit its unaudited financial statements, prepared in accordance with generally accepted accounting principles and consisting of at least a balance sheet and a statement of income as of the date and for the period specified by the commissioner. The commissioner may require the submission of such reports on a monthly or other periodic basis.