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 6 - Directors, Officers, and Employees
Subarticle 4 - Unsafe and Unsound Acts
Section 50.6301 - Required Absence

Universal Citation: 10 CA Code of Regs 50.6301
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

It generally constitutes an unsafe and unsound act for a licensee to fail to require that each of its officers and employees be absent from the offices of such licensee for a period of not less than 14 consecutive days in each calendar year.

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