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 5 - Corporate Matters
Subarticle 2 - Names
Section 50.4103 - Fictitious Business Name: Administrative Standard

As an administrative standard, the Commissioner generally will not approve an application by a licensee for approval to transact business under a fictitious business name unless such fictitious business name indicates that the licensee is a business and industrial development corporation. For purposes of this section, a fictitious business name of a licensee which contains a reasonable abbreviation of the phrase "business and industrial development corporation" (for example, "Bidco") shall be deemed to indicate that such licensee is a business and industrial development corporation.

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 31201, Financial Code.