Jurris.COM
Section 18671 Of Article 2. Facilities Of Insured Foreign (other State) Industrial Loan Companies From California Financial Code >> Division 7. >> Chapter 10. >> Article 2.
18671
. (a) No foreign (other state) industrial loan company may
establish or maintain an office in this state at which it engages in
noncore industrial loan company business unless the industrial loan
company complies with this article and applicable provisions of
Article 1 (commencing with Section 18660).
(b) (1) No person may establish or maintain an office in this state as representative of an insured foreign (other state) industrial loan company unless the industrial loan company complies with this article and applicable provisions of Article 1 (commencing with Section 18660).
(2) For purposes of this article, if any person establishes or maintains an office in this state as representative of an insured foreign (other state) industrial loan company, the insured foreign (other state) industrial loan company is deemed to establish and maintain the office as a facility.
(b) (1) No person may establish or maintain an office in this state as representative of an insured foreign (other state) industrial loan company unless the industrial loan company complies with this article and applicable provisions of Article 1 (commencing with Section 18660).
(2) For purposes of this article, if any person establishes or maintains an office in this state as representative of an insured foreign (other state) industrial loan company, the insured foreign (other state) industrial loan company is deemed to establish and maintain the office as a facility.
