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§ 954. Recipient's Relationship to California.

10 CA ADC § 954Barclays Official California Code of RegulationsEffective: December 9, 2022

Barclays California Code of Regulations
Title 10. Investment
Chapter 3. Commissioner of Financial Protection and Innovation (Refs & Annos)
Subchapter 3. Commercial Financing Disclosures.
Effective: December 9, 2022
10 CCR § 954
§ 954. Recipient's Relationship to California.
(a) The requirement of section 22802, subdivision (a), of the code, applies only to recipients whose business is principally directed or managed from California.
(b) For the purpose of determining whether a recipient's business is “principally directed or managed from California” as described in subdivision (a), a provider may rely upon (i) any written representation by the recipient as to whether it is principally directed or managed from California, or (ii) the business address provided by the recipient in the application for financing.

Credits

Note: Authority cited: Sections 321 and 22804, Financial Code. Reference: Sections 22800, 22802, 22803 and 22804, Financial Code.
History
1. New section filed 6-9-2022; operative 12-9-2022 pursuant to Government Code section 11343.4(b)(2) (Register 2022, No. 23). Transmission deadline specified in Government Code section 11346.4(b) extended 60 calendar days pursuant to Executive Order N-40-20 and an additional 60 calendar days pursuant to Executive Order N-71-20. Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20 and an additional 60 calendar days pursuant to Executive Order N-71-20.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 954, 10 CA ADC § 954
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