California Code of Regulations
Title 10 - Investment
Chapter 2 - Savings and Loan Commissioner
Subchapter 3 - Applications and Hearings
Article 1 - Applications and Hearings: New Facilities, Branches, Changes of Location, Agencies, Conversions from a Federal to State Association, Changes of Name and Amendments of Articles of Incorporation
Section 103.121 - Consideration of Fair Lending
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) Each branch application filed under the provisions of this subchapter shall describe the extent, if any, that the association's affirmative loan marketing policies and programs and its Community Reinvestment Act Statements would be changed or affected if the branch application is approved.
(b) In reaching a decision on branch applications, the commissioner may consider, among other things, the extent of compliance with fair lending laws and regulations, and the extent to which the association's present and anticipated marketing policies and programs affirmatively further the purposes of fair lending laws and regulations. Consideration of fair lending compliance pursuant to this subsection shall be given special emphasis when there are competing applicants for a branch facility.
1. Change
without regulatory effect renumbering former Section
147 to Section
103.121 (Register 87, No. 14). For
prior history, see Register 82, No. 16.
2. Amendment of section
heading, section, and NOTE filed 4-29-96; operative 5-29-96 (Register 96, No.
18).
Note: Authority cited: Section 8053, Financial Code. Reference: Section 6556, Financial Code.
