Section 2106 Of Chapter 6. Consumer Disclosures From California Financial Code >> Division 1.2. >> Chapter 6.
2106
. (a) No licensee shall sell or issue any form of payment
instrument in California unless a certified copy of the payment
instrument has first been filed with the commissioner. The payment
instrument shall clearly identify the licensee as the issuer.
(b) The commissioner may by order or regulation declare that a
form of payment instrument is prohibited if it is misleading in any
material respect or otherwise does not comply with applicable law.
(c) A payment instrument that identifies the agent through which
the licensee sells the payment instrument shall identify the agent as
such and shall identify the licensee at least as conspicuously as it
does the agent.