California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 80 - Money Transmission
Article 6 - Licensees
Subarticle 3 - Consumer Disclosures
Section 80.5201 - Forms of Payment Instruments
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) An application by a licensee for approval under Financial Code Section 2106 of the form of a payment instrument issued by such licensee shall contain the following:
(b) As an administrative standard, the Commissioner will generally deny an application by a licensee for approval of a form of payment instrument issued by such licensee which identifies the agent through which the licensee proposes to sell such form of payment instrument unless such form of payment instrument (1) indicates that such agent is an agent of the licensee and (2) identifies the licensee at least as conspicuously as it does the agent.
1. Change
without regulatory effect amending section filed 8-19-97 pursuant to section
100, title 1, California Code of
Regulations (Register 97, No. 34).
2. Amendment of subsection (a)
and NOTE filed 8-11-2015; operative 10-1-2015 (Register 2015, No.
33).
Note: Authority cited: Sections 321 and 334, Financial Code. Reference: Section 2106, Financial Code.
