1. (a) Not less than two business days before the license for a California state representative office is to be issued, the applicant shall file with the Commissioner an application for the issuance of such license. Such application shall contain the following information:

   1. (1) Identify the representative office.
   2. (2) State the date on which the applicant proposes to establish the representative office.

2. (b) An applicant may establish a California state representative office on or after the date on which the license for such representative office is issued. However, such license shall expire on the earlier of the following dates unless the applicant shall have established the representative office on or before such date:

   1. (1) Date on which the Commissioner's approval of the application for approval to establish the representative office expires pursuant to Section 10.13279 of this Chapter.
   2. (2) Thirtieth day after the date of the issuance of the license.

Note: Authority cited: Section 215, Financial Code. Reference: Section 1726, Financial Code.

History

1. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).