California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 6 - California Financing Law
Article 3 - Books, Records and Examinations
Section 1434 - Forms: Limitations on Distribution
A finance company shall not distribute any forms or documents used in connection with the making of a loan to any merchants, repairmen, or persons who are not prospective borrowers of the finance company for the distribution or exhibition by the merchants, repairmen, or persons to prospective borrowers. This provision does not apply to a form used solely to procure preliminary credit information and which is not signed or to be signed by the prospective borrower.
1. New NOTE
filed 12-29-83; effective thirtieth day thereafter (Register 83, No.
53).
2. Change without regulatory effect amending NOTE filed 6-14-95
pursuant to section
100, title 1, California Code of
Regulations (Register 95, No. 24).
3. Amendment of section and NOTE
filed 8-4-98; operative 9-3-98 (Register 98, No.
32).
Note: Authority cited: Section 22150, Financial Code. Reference: Sections 22000, 22004, 22009, 22150 and 22161, Financial Code.