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Section 22106 Of Article 3. Licensing From California Financial Code >> Division 9. >> Chapter 1. >> Article 3.
22106
. (a) The finance lender or broker license shall state the
name of the licensee, and if the licensee is a partnership, the names
of its general partners, and if a corporation or an association, the
date and place of its incorporation or organization, and the address
of the licensee's principal business location. On the approval and
licensing of a location pursuant to Section 22101 or 22102, the
commissioner shall issue an original license endorsed to show the
address of the authorized location and, if applicable, the name of
the subsidiary corporation licensed to operate the location. The
license shall state whether the licensee is licensed as a finance
lender or a broker.
(b) An application for a license for a business location outside this state shall constitute an agreement by the applicant to do all of the following:
(1) Make the licensee's books, accounts, papers, records, and files available to the commissioner or the commissioner's representatives in this state.
(2) Pay the reasonable expenses for travel, meals, and lodging of the commissioner or the commissioner's representatives incurred during any investigation or examination made at the licensee's location outside this state. A licensee located outside this state is not required to maintain books and records regarding licensed loans separate from those for other loans if the licensed loans can be readily identified.
(b) An application for a license for a business location outside this state shall constitute an agreement by the applicant to do all of the following:
(1) Make the licensee's books, accounts, papers, records, and files available to the commissioner or the commissioner's representatives in this state.
(2) Pay the reasonable expenses for travel, meals, and lodging of the commissioner or the commissioner's representatives incurred during any investigation or examination made at the licensee's location outside this state. A licensee located outside this state is not required to maintain books and records regarding licensed loans separate from those for other loans if the licensed loans can be readily identified.
