A loan officer appointed under Section 14602 of the Financial Code shall not be authorized to sign disbursement checks for loans approved only by such loan officer.

Note: Authority cited: Section 14201, Financial Code. Reference: Sections 14602 and 14603, Financial Code.

History

1. Change without regulatory effect adding new article 8 (sections 30.800-30.804) and renumbering former section 971 to new section 30.800 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).