Section 18706 Of Article 5. California Industrial Loan Company As Agent From California Financial Code >> Division 7. >> Chapter 10. >> Article 5.
18706
. 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.