California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 7. INDUSTRIAL LOAN COMPANIES |
Chapter 5. Administration and Powers of the Commissioner |
ARTICLE 3. Reports and Financial Statements |
Section 18407.
Latest version.
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An industrial loan company shall, when requested by the commissioner, submit its unaudited financial statements, prepared in accordance with generally accepted accounting principles and consisting of at least a balance sheet and a statement of income as of the date and for the period specified by the commissioner. The commissioner may require the submission of such reports on a monthly or other periodic basis.
(Repealed and added by Stats. 1976, Ch. 964.)