Cal. Code Regs. Tit. 10, § 95.1025 - Agreement of Affiliate of Business and Industrial Development Corporation

Current through Register 2021 Notice, Register No. 40, October 1, 2021

The following is an illustration of Department Form 1025:

Form 1025 (7-1-97)

California Department of Business Oversight

AGREEMENT OF AFFILIATE OF BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION

_______________________________________________________________

(Name of Affiliate)

_______________________________________________________________

(Street Address)

_________________________, _____________________, _____________

(City) (State) (Zip Code)

(Hereinafter referred to as the "Affiliate"), which is an affiliate of

________________________________________________________________

(Name of Business and Industrial Development Corporation)

(hereinafter referred to as the "Business and Industrial Development Corporation"), hereby agrees with the Commissioner of Business Oversight of the State of California and his successor from time to time in office (hereinafter referred to as the "Commissioner") in accordance with California Financial Code Section 31153 that, if and so long as the Business and Industrial Development Corporation is a licensee under the California Business and Industrial Development Corporations Law (Division 15 (commencing with Section 31000 ) of the California Financial Code) and so long as the Affiliate continues to be an affiliate of the Business and Industrial Development Corporation, the Affiliate will comply with all applicable provisions of the California Business and Industrial Development Corporations Law, as said Law may be amended from time to time, and with all applicable provisions of any regulation or order which may be issued from time to time under the California Business and Industrial Development Corporations Law. No waiver by the Commissioner of any failure of the Affiliate to comply with the Agreement shall be deemed to be a waiver of any failure to comply thereafter occurring. The definitions set forth in Article 3 (commencing with Section 31030 ), Chapter 1 of the California Business and Industrial Development Corporations Law shall apply to the provisions of this Agreement. This Agreement shall be governed by, and construed in accordance with, the laws of the State of California.

Dated: __________ ____________________________________________

(Name of Affiliate)

By ___________________________________________

(Signature)

_____________________________________________

(Name and Title)

(The signature of the Affiliate must be acknowledged.)

Notes

Cal. Code Regs. Tit. 10, § 95.1025

Note: Authority cited: Section 31101, Financial Code. Reference: Sections 321 and 31153, Financial Code.

1. Change without regulatory effect amending section and adding new Note filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Change without regulatory effect amending section and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).

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