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§ 40.104. Report of Defalcation Required.

10 CA ADC § 40.104Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 10. Investment
Chapter 1. Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 40. Industrial Loans
Article 1. General Provisions
10 CCR § 40.104
§ 40.104. Report of Defalcation Required.
Currentness
It shall be the responsibility of an industrial loan company to report promptly to the Commissioner any actual or alleged defalcation, embezzlement or theft of a material amount by an officer, director or employee of such industrial loan company.

Credits

Note: Authority cited: Section 18347, Financial Code. Reference: Section 18117, Financial Code.
History
1. Change without regulatory effect renumbering former section 1113 to new section 40.104 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
This database is current through 4/19/24 Register 2024, No. 16.
Cal. Admin. Code tit. 10, § 40.104, 10 CA ADC § 40.104
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