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§ 50.3110. Information Regarding Plan for Obtaining Funds.

10 CA ADC § 50.3110Barclays 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 § 50.3110
§ 50.3110. Information Regarding Plan for Obtaining Funds.
Currentness
(a) Describe the applicant's plan for obtaining funds for use in operating its business and, in particular, for use in providing financing assistance to business firms. Such plans shall include the following:
(1) Describe the means by which the applicant proposes to obtain funds (for example, by selling securities issued by it, by borrowing, or by selling loans or other assets owned by it).
(2) Identify the sources from which the applicant proposes to obtain funds through each of the means referred to in Paragraph (1) of this Subdivision (a).
(3) State the amount of funds which the applicant proposes to obtain through each of the means referred to in Paragraph (1) of this Subdivision (a) and from each of the sources referred to in Paragraph (2) of this Subdivision (a).
(b) Show that the applicant will be able to carry out its plan for obtaining funds.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 50.3110, 10 CA ADC § 50.3110
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