An industrial loan company shall not sell any type of insurance in connection with a loan not specifically permitted to be sold by these rules unless and until the Commissioner has notified the company in writing that the sale of the insurance is permitted.

Note: Authority cited: Section 18347, Financial Code. Reference: Section 18294, Financial Code.

History

1. Change without regulatory effect renumbering former section 1187 to new section 40.801 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).