Cal. Code Regs. tit. 10 § 10.6928
Current through Register 2025 Notice Reg. No. 2, January 10, 2025
As an administrative standard, the Commissioner generally will not grant an application for authority to establish a foreign (other nation) branch office if any law or administrative policy of the foreign nation where such branch office is proposed to be located would prohibit the Commissioner from, or significantly restrict the Commissioner in, examining or regulating the branch office or if any such law or administrative policy would prohibit the applicant or any adviser of the applicant from, or significantly restrict the applicant or any adviser of the applicant in, directing, supervising, or auditing the branch office.
Cal. Code Regs. Tit. 10, § 10.6928
Note: Authority cited: Section 215, Financial Code.