§ 18706
52 words·~1 min read·
/ca/financial-code/18706A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the commissioner finds that any activities performed by a California industrial loan company as agent for an insured depository institution are not authorized agency activities or that the agency arrangement is inconsistent with safe and sound practices, the commissioner may order the California industrial loan company to terminate the agency arrangement.