California · Financial Code

FIN §18391: Whenever in the judgment of the commissioner the condition of any industrial loan company renders it necessary or expedient to devote any extraordinary attention to its affairs, the commissioner may m

What this law says, in plain English

The commissioner may give extraordinary attention to an industrial loan company's affairs when the commissioner judges it necessary or expedient based on the company's condition.

Read the full statutory text
Whenever in the judgment of the commissioner the condition of any industrial loan company renders it necessary or expedient to devote any extraordinary attention to its affairs, the commissioner may make any extra examination or investigation and perform any necessary services in connection with its affairs.

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