California · Financial Code

FIN §5809: (a) The commissioner from time to time may require reports from any savings and loan holding company and its subsidiaries in a format deemed necessary or appropriate and relevant to the jurisdiction a

What this law says, in plain English

The commissioner may require savings and loan holding companies and their subsidiaries to submit reports in formats the commissioner deems necessary, appropriate, and relevant to the jurisdiction.

Read the full statutory text

(a) The commissioner from time to time may require reports from any savings and loan holding company and its subsidiaries in a format deemed necessary or appropriate and relevant to the jurisdiction and responsibilities of the commissioner under this division. Any savings and loan holding company and its subsidiaries shall file reports and be subject to examination as required by the commissioner in the manner provided for associations in Article 3 (commencing with Section 8150) of Chapter 7. (b) The cost of any examination may be assessed against each savings and loan holding company examined and the assessment shall be paid to the department.

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