Cal. Code Regs. tit. 4 § 15037.2

Current through Register 2024 Notice Reg. No. 44, November 1, 2024

Section 15037.2 - Financial Institution Request for Licensee Information

A financial institution, as defined in Business and Professions Code section 26260(c)(3), may request information related to a licensee for purposes of facilitating the provision of financial services for that licensee. The request shall be made in writing, through a form prescribed by the Department, which shall include the following information:

(a) The name of the financial institution;

(b) The name, phone number, email, and signature of the representative of the financial institution requesting information;

(c) The business name and license number of the licensee for which the financial institution is requesting information;

(d) The type of financial services for which the information is requested (including, but not limited to, establishment or maintenance of bank accounts, extending loans, and providing insurance) and whether the request is for consideration of a new service or maintenance of an existing service;

(e) The specific information requested as described in section 15037.1(b), if authorized by the licensee; and

(f) An acknowledgment that use of the information is limited to that information which is necessary for the provision of financial services.

Cal. Code Regs. Tit. 4, § 15037.2

1. Change without regulatory effect renumbering and amending former title 16, section 5037.2 to new title 4, section 15037.2 filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). For prior history of title 16, division 42, see Register 2019, No. 3.
2. Refiling of 2-1-2021 action adopting former title 16, section 5037.2, including amendment of subsection (e), 8-2-2021 as an emergency; operative 8-2-2021 (Register 2021, No. 32). This filing is deemed an emergency pursuant to Business and Professions Code section 26013(b)(3). A Certificate of Compliance must be transmitted to OAL by 1-31-2022 or emergency language will be repealed by operation of law on the following day.
3. Certificate of Compliance as to 8-2-2021 order transmitted to OAL 1-27-2022 and filed 3-8-2022 (Register 2022, No. 10).

Note: Authority cited: Section 26013, Business and Professions Code. Reference: Section 26260, Business and Professions Code.

1. Change without regulatory effect renumbering and amending former title 16, section 5037.2 to new title 4, section 15037.2 filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). For prior history of title 16, division 42, see Register 2019, No. 3.
2. Refiling of 2-1-2021 action adopting former title 16, section 5037.2, including amendment of subsection (e), 8-2-2021 as an emergency; operative 8/2/2021 (Register 2021, No. 32). This filing is deemed an emergency pursuant to Business and Professions Code section 26013(b)(3). A Certificate of Compliance must be transmitted to OAL by 1-31-2022 or emergency language will be repealed by operation of law on the following day.