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 4 - Issuance of License
Subarticle 2 - Application
Section 50.3104 - Information Regarding Market

Universal Citation: 10 CA Code of Regs 50.3104

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

Describe the market which the applicant proposes to serve. Such description shall include the following:

(a) Describe the relevant characteristics of the economy of the market area, including business activity and unemployment.

(c) Describe the business firms which are located in the market area and which the applicant proposes to serve, including:

(1) Types of business conducted by the business firms.

(2) Number of the business firms.

(3) Prospects for growth of the business firms.

(4) Prospects for establishment of additional business firms.

(d) State whether or not any survey has been made of the business firms which are located in the market area and which the applicant proposes to serve, to determine the extent to which such business firms are interested in obtaining financing assistance or management assistance from the applicant, and, if so, describe the results of such survey. (This Subdivision (d) shall not be construed to require that such a survey be made.)

1. Amendment of section and new NOTE filed 4-14-98; operative 5-14-98 (Register 98, No. 16).

Note: Authority cited: Section 31101, Financial Code. Reference: Section 31107, Financial Code.

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