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 50.3310 - License: Issuance and Expiration
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) Not less than one business day before an applicant is issued a license, such applicant shall file with the Commissioner an application for the issuance of such license. Such application shall contain the following information:
(b) An applicant may commence business on or after the date on which a license is issued to such applicant. However, such license shall expire on the earlier of the following dates unless the applicant shall have commenced business on or before such date:
1.
Editorial renumbering from Section
50.3110 to Section
50.3310 (Register 79, No.
2).
2. 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: Sections 31102 and 31107, Financial Code.