- (a) An application for a license shall, unless otherwise provided in such application, be deemed to include an application for approval pursuant to Financial Code Section 2100 of each form of receipt used by it or by its agent which is filed with such application for a license in accordance with Section 80.4119 of this subchapter. Approval of such an application for a license shall, unless otherwise provided in such approval, be deemed to include approval of such included application of each such form of receipt.
- (b) An application for a license shall, unless otherwise provided in such application, be deemed to include an application for approval pursuant to Financial Code Section 2106 of each form of payment instrument issued by the applicant which is filed with such application for a license in accordance with Section 80.4119 of this subchapter. Approval of such an application for a license shall, unless otherwise provided in such approval, be deemed to include approval of such included application and of each such form of payment instrument.
Note: Authority cited: Sections 321, 334 and 2032, Financial Code. Reference: Sections 2032, 2100 and 2106, Financial Code.
History
1. Amendment of section and Note filed 8-11-2015; operative 10-1-2015 (Register 2015, No. 33).