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Financial Code - FIN - FIN § 813

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 813

(a) Notes with a maturity not exceeding 15 months after the date of issue, issued in anticipation of uncollected taxes, income, revenue, cash receipts, and other moneys of the State of California or any city, county, city and county, or school district thereof; provided the notes

Financial Code - FIN - FIN § 814

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 814

Revenue securities of any state of the United States, or of the Commonwealth of Puerto Rico, and of any city, county, city and county, political subdivision, public corporation, or district (herein referred to generally as public corporations) of any state or commonwealth and of

Financial Code - FIN - FIN § 815

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 815

Bonds of any local public housing agency (as defined in the United States Housing Act of 1937, as amended) that are secured by either of the following: (a) An agreement between the public housing agency and the Public Housing Administration in which the public housing agency agre

Financial Code - FIN - FIN § 8150

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8150

(a) On or before the last day of January in each year, or within 30 days following the end of the fiscal year, each association, savings and loan holding company, and those subsidiaries of an association or savings and loan holding company that the commissioner may require, shall

Financial Code - FIN - FIN § 8151

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8151

Each association, savings and loan holding company and subsidiary of any association or savings and loan holding company that is required to file an annual report under Section 8150 also shall make any other reports that the commissioner may from time to time require, which shall

Financial Code - FIN - FIN § 8152

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8152

From time to time the commissioner may, without previous notice, examine or cause an examination to be made into the affairs of each association, and any office of the association within or outside this state, savings and loan holding company and subsidiary of any association or

Financial Code - FIN - FIN § 8153

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8153

(a) In lieu of a report or an examination under Section 8150 or 8152, the commissioner may accept any report made to, or examination made by, a federal or state authority that supervises financial institutions, or by a certified or other public accountant or firm of certified or

Financial Code - FIN - FIN § 8154

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8154

(a) Whenever, in the judgment of the commissioner, the condition of any association, savings and loan holding company, or any of their subsidiaries renders it necessary or expedient to make an extra examination or audit or to devote any extraordinary attention to its affairs, the

Financial Code - FIN - FIN § 8155

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8155

(a) The commissioner is authorized in connection with any examination or audit of any association or any subsidiary to cause to be made appraisals of real estate or other property held by it or securing its assets. (b) Unless otherwise ordered by the commissioner, appraisal of re

Financial Code - FIN - FIN § 8156

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8156

(a) Each association shall at least annually cause its books and accounts to be audited at its own expense by a certified public accountant or firm of certified public accountants selected by the association and approved by the commissioner. (b) The annual audit date and audit pe

Financial Code - FIN - FIN § 8157

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8157

(a) The commissioner may prescribe the scope of the annual audit and may require the auditor to furnish information in addition to that contained in the audit report. (b) Each association shall furnish the commissioner annually, within 90 days after the end of the period covered

Financial Code - FIN - FIN § 8158

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8158

(a) The commissioner, or any department employee authorized by the commissioner, shall have free access to all books and records of an association, savings and loan holding company, and any of their subsidiaries that relate to the business of the association, holding company, or

Financial Code - FIN - FIN § 8159

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8159

For each department examination or appraisal made outside this state, a reasonable fee and the actual traveling expenses incurred shall be paid to the department by the association, savings and loan holding company, or subsidiary so examined.

Financial Code - FIN - FIN § 816

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 816

Bonds secured by an insurance commitment of the Federal Housing Administration.

Financial Code - FIN - FIN § 8160

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8160

If an association, savings and loan holding company, or any subsidiary of an association or savings and loan holding company fails to report to the commissioner as required by this article, the commissioner may impose penalties in accordance with the following: (a) Any associatio

Financial Code - FIN - FIN § 817

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 817

Evidences of indebtedness of companies incorporated in the United States and, directly or indirectly, engaged in manufacturing, extraction, merchandising, or commercial financing and in bonds of authorities established pursuant to the California Industrial Development Financing A

Financial Code - FIN - FIN § 818

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 818

Fixed interest railroad bonds meeting the requirements of subdivisions (a) and (b); bonds secured by a mortgage on jointly operated railroad facilities meeting the requirements of subdivision (c); and railroad equipment trust certificates meeting the requirements of subdivision (

Financial Code - FIN - FIN § 819

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 819

Bonds and debentures of gas, electric, or gas and electric companies meeting the requirements of subdivision (a); bonds and debentures of telephone companies meeting the requirements of subdivision (b); and bonds and debentures of water companies meeting the requirements of subdi

Financial Code - FIN - FIN § 8200

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8200

The commissioner may issue cease and desist orders which may order affirmative action in accordance with the following: (a) If the commissioner, as a result of any examination or from any report, finds or has reasonable cause to believe (1) that any savings association, savings a

Financial Code - FIN - FIN § 8201

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8201

(a) Whenever the commissioner determines that any institution-affiliated party or any director, officer, or employee of a savings and loan holding company or affiliate thereof has committed any of the following violations, engaged or participated in any of the following unsafe or

Financial Code - FIN - FIN § 8202

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8202

(a) The commissioner shall publish and make the following available to the public: (1) Any final order issued with respect to any administrative enforcement proceeding initiated by the commissioner pursuant to this division or any other provision of law. (2) Any modification to,

Financial Code - FIN - FIN § 8225

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8225

(a) Whenever the commissioner deems it necessary in order to conserve the assets of any association for the benefit of the depositors and other creditors, or if the commissioner finds any of the following with respect to any association: (1) the association is in an impaired cond

Financial Code - FIN - FIN § 8226

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8226

Any conservator shall have all the rights, powers, and privileges possessed by the officers, directors, members and stockholders of the association.

Financial Code - FIN - FIN § 8227

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8227

Except as authorized by the commissioner, the conservator shall not retain special counsel or other experts, incur any expense other than normal operating expenses, or liquidate assets except in the ordinary course of operations.

Financial Code - FIN - FIN § 8228

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 8228

The directors and officers shall remain in office and the employees shall remain in their respective positions, but the conservator may remove any director, officer, or employee, provided the order of removal of a director or officer shall be approved in writing by the commission