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§ 50.3310. License: Issuance and Expiration.

10 CA ADC § 50.3310Barclays 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 § 50.3310
§ 50.3310. License: Issuance and Expiration.
(a) Not less than one business day before an applicant is issued a license, such applicant shall file with the Commissioner an application for the issuance of such license. Such application shall contain the following information:
(1) State the address of the applicant's office.
(2) State the date on which the applicant proposes to commence business.
(b) An applicant may commence business on or after the date on which a license is issued to such applicant. However, such license shall expire on the earlier of the following dates unless the applicant shall have commenced business on or before such date:
(1) Date on which the Commissioner's approval of the application for the license expires pursuant to Section 50.3309 of this Chapter.
(2) Thirtieth day after the date of the issuance of the license.

Credits

Note: Authority cited: Section 31101, Financial Code. Reference: Sections 31102 and 31107, Financial Code.
History
1. Editorial renumbering from Section 50.3110 to Section 50.3310 (Register 79, No. 2).
2. 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, § 50.3310, 10 CA ADC § 50.3310
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