Section 80.5201 - Forms of Payment Instruments(a) An application by a licensee for approval under Financial Code Section 2106 of the form of a payment instrument issued by such licensee shall contain the following:(1) Provide a specimen copy of the form of payment instrument.(2) In case the licensee proposes to sell the form of payment instrument only in certain circumstances (for example, only through a certain California agent or type of California agent or only in certain geographical areas), describe such circumstances.(b) As an administrative standard, the Commissioner will generally deny an application by a licensee for approval of a form of payment instrument issued by such licensee which identifies the agent through which the licensee proposes to sell such form of payment instrument unless such form of payment instrument (1) indicates that such agent is an agent of the licensee and (2) identifies the licensee at least as conspicuously as it does the agent.Cal. Code Regs. Tit. 10, § 80.5201
1. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Amendment of subsection (a) and NOTE filed 8-11-2015; operative 10-1-2015 (Register 2015, No. 33). Note: Authority cited: Sections 321 and 334, Financial Code. Reference: Section 2106, Financial Code.
1. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Amendment of subsection (a) and Note filed 8-11-2015; operative 10/1/2015 (Register 2015, No. 33).