Cal. Code Regs. tit. 10 § 40.600

Current through Register 2024 Notice Reg. No. 43, October 25, 2024

Section 40.600 - Statement of Loan or Documents Used to Comply with Financial Code: Form: Contents

In addition to the specific requirements of Sections 18231, 18300 and 18301 of the Financial Code, the statement of loan form shall contain at least the following and may consist of more than one document:

(a) The name and license number of the industrial loan company, address of the office where the loan was made, and the name of the person who closed the loan;

(b) A statement in not less than 12-point boldface capital letters

FOR INFORMATION CONTACT THE DEPARTMENT OF BUSINESS OVERSIGHT, STATE OF CALIFORNIA

(c) A statement that the loan is made pursuant to the Industrial Loan Law, division 7 of the Financial Code.

Cal. Code Regs. Tit. 10, § 40.600

1. Change without regulatory effect adding new article 6 (sections 40.600-40.619) and renumbering and amending former section 1155 to new section 40.600 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Change without regulatory effect amending subsection (b) and NOTE filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).

Note: Authority cited: Section 18347, Financial Code. Reference: Sections 321, 18231, 18300 and 18301, Financial Code.

1. Change without regulatory effect adding new article 6 (sections 40.600-40.619) and renumbering and amending former section 1155 to new section 40.600 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Change without regulatory effect amending subsection (b) and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).