Cal. Code Regs. tit. 10 § 10.6003

Current through Register 2025 Notice Reg. No. 2, January 10, 2025

Section 10.6003 - Post-Approval Matters

In the units of this Article relating to post-approval matters in connection with the establishment or relocation of an office:

(a)

(1) In case a provision which calls for an applicant to file a document with the Commissioner does not expressly provide when such applicant is to make such filing, the applicant shall make the filing at a reasonable time under the circumstances and, in any event, at a reasonable time before the applicant establishes or relocates the office.

(2) In case a provision which calls for an applicant to file a document with the Commissioner requires that such applicant make such filing not less than a specified number of days or business days before the applicant establishes or relocates the office, the applicant is encouraged to make the filing before such deadline, if possible, so as to allow ample time not only for the staff of the Department to process the document filed but also for the applicant to make any corrections or changes in such document that may be found to be necessary before the certificate of authority is issued.

(b) Any provision which, by its terms or pursuant to Paragraph (1) of Subdivision (a) of this Section, requires an applicant to perform an act before commencing business shall be deemed also to require such applicant to perform such act before the license for the office is issued; and, in case such provision requires that the applicant perform the act not less than a specified time before commencing business, the applicant shall perform the act not less than the specified time before the license for the office is issued.

Cal. Code Regs. Tit. 10, § 10.6003

1. Change without regulatory effect amending section and adding new NOTE filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).

Note: Authority cited: Section 215, Financial Code.

1. Change without regulatory effect amending section and adding new Note filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).