Cal. Code Regs. tit. 10 § 250.12

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 250.12 - Interpretive Opinions, Determinations and Specific Rulings

(a) The Commissioner has discretionary authority to issue interpretive opinions pursuant to Corporations Code Section 25618 (of the Corporate Securities Law of 1968), Corporations Code Section 29546 (of the California Commodity Law of 1990), Corporations Code Section 31510 (of the Franchise Investment Law), Corporations Code Section 28952 (of the Capital Access Company Law), and Financial Code Section 50312 (of the California Residential Mortgage Lending Act); determinations under Corporations Code Section 25014.6(b)(2); and specific rulings under Financial Code Section 22150 (of the California Finance Lenders Law). Each request for a written interpretive opinion, determination or specific ruling of the commissioner shall be made in writing and shall fully set forth the questions presented and the particular facts and circumstances upon which the opinion is requested. Each interpretive opinion, determination or specific ruling is applicable only to the transaction identified in the request therefor, and may not be relied upon in connection with any other transaction.

(b) The name(s) of the principal party(ies) or person(s) on whose behalf an interpretive opinion, determination or specific ruling has been requested, are indexed in the Department's index reference system.

(c) Copies of published interpretive opinions, determinations or specific rulings are available as specified in subsection (f) of Section 260.608. Requests for confidentiality of opinion requests are processed subject to the procedures in Sections 250.10 and 250.10.5.

Cal. Code Regs. Tit. 10, § 250.12

1. Amendment filed 12-30-71 as an emergency; designated effective 1-1-72. Certificate of Compliance included (Register 72, No. 1).
2. Amendment of subsection (b) filed 4-6-72 as an emergency; effective upon filing (Register 72, No. 15).
3. Certificate of Compliance filed 7-20-72 (Register 72, No. 30).
4. Amendment filed 12-29-80; effective thirtieth day thereafter (Register 81, No. 1).
5. Amendment of subsection (a) filed 9-25-81; effective thirtieth day thereafter (Register 81, No. 39).
6. Amendment of subsection (a) filed 1-11-91; operative 2-10-91 (Register 91, No. 10).
7. Editorial correction of printing errors in subsections (a) and (c) (Register 94, No. 2).
8. Change without regulatory effect amending section and NOTE filed 3-11-94 pursuant to title 1, section 100, California Code of Regulations (Register 94, No. 10).
9. Change without regulatory effect amending section heading, text and NOTE filed 12-6-94 pursuant to section 100, title 1, California Code of Regulations (Register 94, No. 49).
10. Change without regulatory effect amending subsections (a) and (b) and NOTE filed 2-24-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 9).
11. Change without regulatory effect amending subsection (a) filed 6-3-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 23).
12. Change without regulatory effect amending subsection (a) and NOTE filed 9-25-2002 pursuant to section 100, title 1, California Code of Regulations (Register 2002, No. 39).

Note: Authority cited: Sections 25014.6(b)(2), 25610, 28951, 29561 and 31502, Corporations Code; Sections 22150 and 50304, Financial Code; and Section 5155, Labor Code. Reference: Sections 25014.6(b)(2), 25618, 28952, 29546 and 31510, Corporations Code; Sections 22160 and 50312, Financial Code; and Section 5155(b), Labor Code.

1. Amendment filed 12-30-71 as an emergency; designated effective 1-1-72. Certificate of Compliance included (Register 72, No. 1).
2. Amendment of subsection (b) filed 4-6-72 as an emergency; effective upon filing (Register 72, No. 15).
3. Certificate of Compliance filed 7-20-72 (Register 72, No. 30).
4. Amendment filed 12-29-80; effective thirtieth day thereafter (Register 81, No. 1).
5. Amendment of subsection (a) filed 9-25-81; effective thirtieth day thereafter (Register 81, No. 39).
6. Amendment of subsection (a) filed 1-11-91; operative 2-10-91 (Register 91, No. 10).
7. Editorial correction of printing errors in subsections (a) and (c) (Register 94, No. 2).
8. Change without regulatory effect amending section and Note filed 3-11-94 pursuant to title 1, section 100, California Code of Regulations (Register 94, No. 10).
9. Change without regulatory effect amending section heading, text and Note filed 12-6-94 pursuant to section 100, title 1, California Code of Regulations (Register 94, No. 49).
10. Change without regulatory effect amending subsections (a) and (b) and Note filed 2-24-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 9).
11. Change without regulatory effect amending subsection (a) filed 6-3-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 23).
12. Change without regulatory effect amending subsection (a) and Note filed 9-25-2002 pursuant to section 100, title 1, California Code of Regulations (Register 2002, No. 39).