Cal. FIN § 18154
This is the official text of Cal. FIN § 18154, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
With the prior written approval of the commissioner, an industrial loan company may close or discontinue the opertion of any branch office provided public notice thereof is given in such manner as the commissioner directs at least 30 days before the date of closing or discontinuance.
After a branch office has been closed or discontinued, it may not be reopened without the approval of the commissioner and compliance with the applicable provisions of this division.
After a branch office has been closed or discontinued, it may not be reopened without the approval of the commissioner and compliance with the applicable provisions of this division.
Status: in_force · Read it on the official government site
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