California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 80 - Money Transmission
Article 9 - Reports
Subarticle 4 - Special Reports
Section 80.8310 - Criminal Proceedings
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) Whenever the chief executive officer of a licensee, the chief financial officer of a licensee, or the person in charge of the payment instrument business of a licensee is charged by complaint, information, or indictment with a crime against the interests of, or a crime relating to the business of, such licensee or any parent or subsidiary of the licensee or a crime involving fraud or dishonesty, the licensee shall, within 10 business days, file with the Commissioner a report containing the following information:
(b) Whenever any criminal proceeding of the type referred to in Subdivision (a) of this Section is concluded, the licensee shall, within 10 business days, file with the Commissioner a report identifying such criminal proceeding and describing the conclusion of the criminal proceeding.
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).
Note: Authority cited: Section 33202, Financial Code. Reference: Sections 33221 and 33902, Financial Code.
