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§ 50.3101. Included Application.

10 CA ADC § 50.3101Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 10. Investment
Chapter 1. Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 50. Business and Industrial Development Corporations
Article 4. Issuance of License
Subarticle 2. Application
10 CCR § 50.3101
§ 50.3101. Included Application.
(a) An application for a license which proposes that the applicant commence business with its office in temporary quarters and subsequently relocate its office to permanent quarters shall, unless otherwise provided in such application, be deemed to include an application for approval under Financial Code Section 31320 for the applicant to relocate its office from such temporary quarters to such permanent quarters and shall be accompanied by the fee prescribed in Financial Code Section 31115(a)(4). Approval of such an application for a license shall, unless otherwise provided in such approval, be deemed to include approval of such included application for approval for the applicant to relocate its office.
(b) An application for a license by an applicant which holds control of a corporation of the type described in Subdivision (b), (c), or (d) of Financial Code Section 31406 and which proposes to continue to hold control of such corporation after commencing business shall, unless otherwise provided in such application, be deemed to include an application for approval under Subdivision (b), (c), or (d), as the case may be, of Section 31406 for the applicant to hold control of the corporation. Approval of such an application for a license, shall, unless otherwise provided in such approval, be deemed to include approval of such included application for approval for the applicant to hold control of the corporation.
(c) An application for a license which proposes that the applicant have any other person make or keep any of its records (except as provided in the blanket approvals set forth in Part 2 (commencing with Section 50.14225), Subarticle 3, Article 13 of this Subchapter) shall, unless otherwise provided in such application, be deemed to include an application for approval under Financial Code Section 31508 for the applicant to have such other person make or keep such other records. Approval of such an application for a license shall, unless otherwise provided in such approval, be deemed to include approval of such included application for approval for the applicant to have the other person make or keep the records.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 50.3101, 10 CA ADC § 50.3101
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