18704. No California industrial loan company may conduct any activity as an agent for an insured depository institution that the California industrial loan company would be prohibited from conducting as a principal.(Amended by Stats. 1996, Ch. 887, Sec. 71. Effective September 25, 1996.)
California Legal Code
§ 18704
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=7.&title=&part=&chapter=10.&article=5.· Version 2026