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 50.3306 - Appointment of Commissioner as Agent for Service of Process
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
In accordance with Financial Code Section 31113, not less than 5 business days before an applicant is issued a license:
(a) Such applicant shall file with the Commissioner an Appointment of Commissioner of the Department of Business Oversight as Agent for Service of Process in the form of Department Form 1020, signed by the applicant in the name of the applicant by an officer of the applicant. The signature of the applicant on such appointment shall be acknowledged.
(b) Each affiliate of such applicant shall file with such applicant an Appointment of Commissioner of Business Oversight as Agent for Service of Process in the form of Department Form 1020, signed by such affiliate in the name of the affiliate by an officer of the affiliate. The signature of the affiliate on such appointment shall be acknowledged.
1.
Amendment of subsection (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 heading, section and NOTE filed 8-19-97 pursuant to section
100, title 1, California Code of
Regulations (Register 97, No. 34).
3. Change without regulatory
effect amending section and NOTE filed 8-21-2019 pursuant to section
100, title 1, California Code of
Regulations (Register 2019, No. 34).
Note: Authority cited: Section 31101, Financial Code. Reference: Sections 321, 31102 and 31113, Financial Code.
