As an administrative standard, the Commissioner generally will not approve an application by a licensee for approval to have another person make or keep any of the records of such licensee unless such other person will make and keep such records within the State of California.

Note: Authority cited: Section 31101, Financial Code. Reference: Section 31508, Financial Code.

History

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