A finance company shall not distribute any forms or documents used in connection with the making of a loan to any merchants, repairmen, or persons who are not prospective borrowers of the finance company for the distribution or exhibition by the merchants, repairmen, or persons to prospective borrowers. This provision does not apply to a form used solely to procure preliminary credit information and which is not signed or to be signed by the prospective borrower.
Cal. Code Regs. Tit. 10, § 1434
2. Change without regulatory effect amending NOTE filed 6-14-95 pursuant to section 100, title 1, California Code of Regulations (Register 95, No. 24).
3. Amendment of section and NOTE filed 8-4-98; operative 9-3-98 (Register 98, No. 32).
Note: Authority cited: Section 22150, Financial Code. Reference: Sections 22000, 22004, 22009, 22150 and 22161, Financial Code.
2. Change without regulatory effect amending Note filed 6-14-95 pursuant to section 100, title 1, California Code of Regulations (Register 95, No. 24).
3. Amendment of section and Note filed 8-4-98; operative 9-3-98 (Register 98, No. 32).