Cal. Financial Code § 18393
Cal. Financial Code § 18393
California · California Financial Code · Status: effective
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- Citation
- Cal. Financial Code § 18393, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/815189
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Full text
The commissioner shall, upon receipt of written notification by an industrial loan company that it intends to engage in or is engaging in transactions permitted under Section 18209, make an examination of the affairs and records of each such industrial loan company at least once each year. Such examination shall be made or performed unless such company notifies the commissioner of its election to discontinue such activity and gives evidence that it has disposed of all evidences of indebtedness arising from any such transactions.