California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 50 - Business and Industrial Development Corporations
Article 12 - Transaction of Business
Subarticle 4 - Unsafe and Unsound Acts
Section 50.12301 - Concentrations
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) It generally constitutes an unsafe and unsound act for a licensee to provide, or to commit to provide, financing assistance in an unduly large amount to:
(b) In determining for purposes of Subdivision (a) of this Section whether the amount of financing assistance which a licensee has provided or has committed to provide, is unduly large, the Commissioner will generally consider such amount in relation to the total assets, the total lendable funds, and the total shareholders equity of such licensee.
1. Change without regulatory effect amending section and adding new NOTE filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
Note: Authority cited: Section 31101, Financial Code. Reference: Section 31400, Financial Code.
