Section 31113 Of Chapter 2. Administration From California Financial Code >> Division 15. >> Chapter 2.
31113
. Before any applicant for a license is issued a license, such
applicant and each parent and subsidiary of such applicant shall
file, and each person who becomes a parent or subsidiary of a
licensee shall, not less than 30 days after becoming a parent or
subsidiary of such licensee, file, with the commissioner, in such
form as the commissioner may by regulation or order require, an
irrevocable consent appointing the commissioner and his or her
successor from time to time in office to be such person's attorney to
receive service of any lawful process in any noncriminal judicial or
administrative proceeding against such person, or his or her
successor, executor, or administrator, which arises under this
division or under any regulation or order issued under this division
after such consent has been filed, with the same force and validity
as if served personally on such person. Service may be made by
leaving a copy of the process at any office of the commissioner, but
such service is not effective unless (a) the party making such
service, who may be the commissioner, forthwith sends notice of such
service and a copy of the process by registered or certified mail to
the party served at his or her last address on file with the
commissioner, and (b) an affidavit of compliance with this section by
the party making service is filed in the case on or before the
return date, if any, or within such further time as the court, in the
case of a judicial proceeding, or the administrative agency, in the
case of an administrative proceeding, allows.