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 4 - Post-Approval Matters
Section 50.3304 - Policies

Universal Citation: 10 CA Code of Regs 50.3304

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

Not less than five business days before an applicant is issued a license, such applicant shall, by resolution of its board, adopt the following policies and shall file with the Commissioner a report containing a copy of such resolution and of each such policy, certified by the secretary or by an assistant secretary of the applicant:

(a) Personnel policy.

(b) Financing assistance policy.

1. Amendment of subsections (a) and (b) and new NOTE filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).
2. Change without regulatory effect amending section and 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 31102, Financial Code.

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