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§ 50.3303. Implementation of Proposals.

10 CA ADC § 50.3303Barclays 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 4. Post-Approval Matters
10 CCR § 50.3303
§ 50.3303. Implementation of Proposals.
Not less than five business days before an applicant is issued a license, such applicant shall implement each of the proposals which it represented in its application for a license, explicitly or implicitly, that it would implement before commencing business (for example, proposals to appoint officers, sell securities, or obtain financing) and shall file with the Commissioner a report regarding the implementation of each such proposal.

Credits

Note: Authority cited: Section 31101, Financial Code. Reference: Sections 31102 and 31108, Financial Code.
History
1. Change without regulatory effect amending section and adding new Note filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 50.3303, 10 CA ADC § 50.3303
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