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HomeFinancial CodeDiv. 7Ch. 2Art. 4§ 18149 Branch Office Authorization Fee

§ 18149 Branch Office Authorization Fee

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 18149 Branch Office Authorization Fee

This law says that if you want to open a new branch office for your business, you need to get permission from the commissioner and pay a $100 fee. Once you do that, you'll get a certificate that lets you open and run the branch office.

Key Takeaways

  • •You need permission to open a new branch office.
  • •You have to pay a $100 fee to get the certificate.
  • •The certificate will say when and where you can open the new office.

Example

You own a bakery and want to open a second location in another town.

You need to ask the commissioner for permission and pay a $100 fee. If approved, you'll get a certificate that says you can open your new bakery location.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 18149 Branch Office Authorization Fee

When the commissioner has approved an application for permission to establish a branch office and the applicant pays to the commissioner an additional fee of one hundred dollars ($100) for a certificate of authorization to transact business, the commissioner shall issue a certificate of authorization to transact business authorizing the opening and operation of the branch office and specifying the date on which and the conditions under which it may be opened and the place where it will be located. (Added by Stats. 1976, Ch. 964.)

Last verified: January 11, 2026

Key Terms

commissionerbranch officecertificate of authorizationone hundred dollars ($100)

Related Statutes

  • § 18151 Branch Office Authorization Penalty
  • § 18146 Branch Office Application Fee
  • § 18147 Branch Office Approval Requirements
  • § 18148 Branch Office Opening Deadline
  • § 18150 Branch Office Authorization Display

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 18149.
View Official Source