State Codes and Statutes

Statutes > California > Fin > 18670-18675

FINANCIAL CODE
SECTION 18670-18675



18670.  No provision of this article applies to an insured foreign
(other state) industrial loan company that maintains a California
branch office.


18671.  (a) No foreign (other state) industrial loan company may
establish or maintain an office in this state at which it engages in
noncore industrial loan company business unless the industrial loan
company complies with this article and applicable provisions of
Article 1 (commencing with Section 18660).
   (b) (1) No person may establish or maintain an office in this
state as representative of an insured foreign (other state)
industrial loan company unless the industrial loan company complies
with this article and applicable provisions of Article 1 (commencing
with Section 18660).
   (2) For purposes of this article, if any person establishes or
maintains an office in this state as representative of an insured
foreign (other state) industrial loan company, the insured foreign
(other state) industrial loan company is deemed to establish and
maintain the office as a facility.



18672.  Not less than 30 days before an insured foreign (other
state) industrial loan company establishes a facility, it shall file
with the commissioner a report and the appointment called for in
Section 18673.


18673.  (a) Not less than 30 days before establishing a facility, an
insured foreign (other state) industrial loan company shall file
with the commissioner, in the form that the commissioner may by rule
or order require, an appointment irrevocably appointing the
commissioner and the commissioner's successor from time to time in
office to be the industrial loan company's attorney to receive
service of any lawful process in any noncriminal judicial or
administrative proceeding against the industrial loan company or any
of its successors that arises out of the activities in this state of
the facility after the appointment has been filed, with the same
force and validity as if served personally on the industrial loan
company or its successors, as the case may be.
   (b) Any insured foreign (other state) industrial loan company that
maintains a facility and that has not filed with the commissioner an
appointment pursuant to subdivision (a) is deemed by the maintenance
of the facility to have appointed the commissioner as its attorney
to receive service of any lawful process in any noncriminal judicial
or administrative proceeding against the industrial loan company or
any of its successors that arises out of the activities in this state
of the facility, with the same force and validity as if served
personally on the industrial loan company or its successor, as the
case may be.
   (c) Service may be made on an insured foreign (other state)
industrial loan company that has appointed or is deemed to have
appointed the commissioner as its attorney for service of process by
leaving a copy of the process at any office of the commissioner.
However, the service is not effective unless (1) the party making the
service, who may be the commissioner, forthwith sends notice of the
service and a copy of the process by registered or certified mail to
the industrial loan company served at the last address on file with
the commissioner for any of the industrial loan company's offices in
this state or at its head office, and (2) an affidavit of compliance
with this subdivision by the party making the service is filed in the
case on or before the return date, if any, or within any further
time that the court, in the case of a judicial proceeding, or the
administrative agency, in the case of an administrative proceeding,
allows.



18674.  Not less than 30 days before an insured foreign (other
state) industrial loan company relocates a facility, it shall file a
report with the commissioner.



18675.  Not less than 30 days before an insured foreign (other
state) industrial loan company closes a facility, it shall file a
report with the commissioner.

State Codes and Statutes

Statutes > California > Fin > 18670-18675

FINANCIAL CODE
SECTION 18670-18675



18670.  No provision of this article applies to an insured foreign
(other state) industrial loan company that maintains a California
branch office.


18671.  (a) No foreign (other state) industrial loan company may
establish or maintain an office in this state at which it engages in
noncore industrial loan company business unless the industrial loan
company complies with this article and applicable provisions of
Article 1 (commencing with Section 18660).
   (b) (1) No person may establish or maintain an office in this
state as representative of an insured foreign (other state)
industrial loan company unless the industrial loan company complies
with this article and applicable provisions of Article 1 (commencing
with Section 18660).
   (2) For purposes of this article, if any person establishes or
maintains an office in this state as representative of an insured
foreign (other state) industrial loan company, the insured foreign
(other state) industrial loan company is deemed to establish and
maintain the office as a facility.



18672.  Not less than 30 days before an insured foreign (other
state) industrial loan company establishes a facility, it shall file
with the commissioner a report and the appointment called for in
Section 18673.


18673.  (a) Not less than 30 days before establishing a facility, an
insured foreign (other state) industrial loan company shall file
with the commissioner, in the form that the commissioner may by rule
or order require, an appointment irrevocably appointing the
commissioner and the commissioner's successor from time to time in
office to be the industrial loan company's attorney to receive
service of any lawful process in any noncriminal judicial or
administrative proceeding against the industrial loan company or any
of its successors that arises out of the activities in this state of
the facility after the appointment has been filed, with the same
force and validity as if served personally on the industrial loan
company or its successors, as the case may be.
   (b) Any insured foreign (other state) industrial loan company that
maintains a facility and that has not filed with the commissioner an
appointment pursuant to subdivision (a) is deemed by the maintenance
of the facility to have appointed the commissioner as its attorney
to receive service of any lawful process in any noncriminal judicial
or administrative proceeding against the industrial loan company or
any of its successors that arises out of the activities in this state
of the facility, with the same force and validity as if served
personally on the industrial loan company or its successor, as the
case may be.
   (c) Service may be made on an insured foreign (other state)
industrial loan company that has appointed or is deemed to have
appointed the commissioner as its attorney for service of process by
leaving a copy of the process at any office of the commissioner.
However, the service is not effective unless (1) the party making the
service, who may be the commissioner, forthwith sends notice of the
service and a copy of the process by registered or certified mail to
the industrial loan company served at the last address on file with
the commissioner for any of the industrial loan company's offices in
this state or at its head office, and (2) an affidavit of compliance
with this subdivision by the party making the service is filed in the
case on or before the return date, if any, or within any further
time that the court, in the case of a judicial proceeding, or the
administrative agency, in the case of an administrative proceeding,
allows.



18674.  Not less than 30 days before an insured foreign (other
state) industrial loan company relocates a facility, it shall file a
report with the commissioner.



18675.  Not less than 30 days before an insured foreign (other
state) industrial loan company closes a facility, it shall file a
report with the commissioner.


State Codes and Statutes

State Codes and Statutes

Statutes > California > Fin > 18670-18675

FINANCIAL CODE
SECTION 18670-18675



18670.  No provision of this article applies to an insured foreign
(other state) industrial loan company that maintains a California
branch office.


18671.  (a) No foreign (other state) industrial loan company may
establish or maintain an office in this state at which it engages in
noncore industrial loan company business unless the industrial loan
company complies with this article and applicable provisions of
Article 1 (commencing with Section 18660).
   (b) (1) No person may establish or maintain an office in this
state as representative of an insured foreign (other state)
industrial loan company unless the industrial loan company complies
with this article and applicable provisions of Article 1 (commencing
with Section 18660).
   (2) For purposes of this article, if any person establishes or
maintains an office in this state as representative of an insured
foreign (other state) industrial loan company, the insured foreign
(other state) industrial loan company is deemed to establish and
maintain the office as a facility.



18672.  Not less than 30 days before an insured foreign (other
state) industrial loan company establishes a facility, it shall file
with the commissioner a report and the appointment called for in
Section 18673.


18673.  (a) Not less than 30 days before establishing a facility, an
insured foreign (other state) industrial loan company shall file
with the commissioner, in the form that the commissioner may by rule
or order require, an appointment irrevocably appointing the
commissioner and the commissioner's successor from time to time in
office to be the industrial loan company's attorney to receive
service of any lawful process in any noncriminal judicial or
administrative proceeding against the industrial loan company or any
of its successors that arises out of the activities in this state of
the facility after the appointment has been filed, with the same
force and validity as if served personally on the industrial loan
company or its successors, as the case may be.
   (b) Any insured foreign (other state) industrial loan company that
maintains a facility and that has not filed with the commissioner an
appointment pursuant to subdivision (a) is deemed by the maintenance
of the facility to have appointed the commissioner as its attorney
to receive service of any lawful process in any noncriminal judicial
or administrative proceeding against the industrial loan company or
any of its successors that arises out of the activities in this state
of the facility, with the same force and validity as if served
personally on the industrial loan company or its successor, as the
case may be.
   (c) Service may be made on an insured foreign (other state)
industrial loan company that has appointed or is deemed to have
appointed the commissioner as its attorney for service of process by
leaving a copy of the process at any office of the commissioner.
However, the service is not effective unless (1) the party making the
service, who may be the commissioner, forthwith sends notice of the
service and a copy of the process by registered or certified mail to
the industrial loan company served at the last address on file with
the commissioner for any of the industrial loan company's offices in
this state or at its head office, and (2) an affidavit of compliance
with this subdivision by the party making the service is filed in the
case on or before the return date, if any, or within any further
time that the court, in the case of a judicial proceeding, or the
administrative agency, in the case of an administrative proceeding,
allows.



18674.  Not less than 30 days before an insured foreign (other
state) industrial loan company relocates a facility, it shall file a
report with the commissioner.



18675.  Not less than 30 days before an insured foreign (other
state) industrial loan company closes a facility, it shall file a
report with the commissioner.

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