§ 18675 Foreign Loan Company Closure Notice

• •If a company from another state that lends money wants to close a place in this state, they have to tell the boss (commissioner) first.
• •They have to tell the boss at least 30 days before they close the place.
• •They have to write a report and send it to the boss.

A money lending company from Texas wants to close its office in California.

The company has to write a report and send it to the California commissioner at least 30 days before they close the office.