§ 50.15309. Criminal Proceedings.
10 CA ADC § 50.15309Barclays Official California Code of Regulations
10 CCR § 50.15309
§ 50.15309. Criminal Proceedings.
(b) Whenever a licensee or any subject person of a licensee is arrested for, or charged by complaint, information, or indictment with, a crime against the licensee or any affiliate of the licensee, a crime relating to the business of the licensee or of any affiliate of the licensee, or a crime involving an act of fraud or dishonesty, the licensee and, in case the subject person arrested or charged is a reporting subject person, such reporting subject person shall promptly file with the Commissioner a report containing the following information:
(c) Whenever any criminal proceeding of the type referred to in Subdivision (b) of this Section is concluded, the licensee and, in case the person arrested or charged is a reporting subject person, such reporting subject person shall promptly file with the Commissioner a report identifying the proceeding and describing the conclusion of the proceeding.
Credits
Note: Authority cited: Section 31101, Financial Code. Reference: Section 31506, 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, § 50.15309, 10 CA ADC § 50.15309
End of Document |