California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 40 - Industrial Loans
Article 6 - Loans and Obligations Receivable
Section 40.600 - Statement of Loan or Documents Used to Comply with Financial Code: Form: Contents
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
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.
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.
