Financial Code section 18700


Notwithstanding the provisions of Section 18147 and 18165, a California industrial loan company may, with the prior approval of the commissioner and subject to any rules that the commissioner may prescribe, engage in authorized agency activities as agent for an insured depository institution.

Source: Section 18700, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=18700.­ (updated Sep. 25, 1996; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 18700's source at ca​.gov