The applicant or borrower shall be provided a copy of the loan documents. Forms furnished for application by mail should be accompanied by a clear and conspicuous statement, or separate statement or notice, declaring that it is the responsibility of the applicant or borrower to obtain machine copies before mailing the signed documents back to the licensee.

Note: Authority cited: Section 50304, Financial Code. Reference: Section 50204, Financial Code.

History

1. New article 5 (sections 1950.204-1950.204.4) and section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).