Cal. Code Regs. tit. 2 § 16002.4.3
Current through Register 2025 Notice Reg. No. 2, January 10, 2025
If upon the hearing the Administrator finds that the agent of depository declared ineligible in the declaration of ineligibility and transfer order has not failed to comply with the agreement of agent of depository filed by it with the Administrator, the Administrator shall, and if upon the hearing the Administrator finds that, although the agent of depository has failed to comply with the agreement of agent of depository, such agent of depository has cured such failure to comply and that it is reasonably probable that such agent of depository will comply with such agreement of agent of depository in the future, the Administrator may, revoke the declaration of ineligibility and transfer order.
Cal. Code Regs. Tit. 2, § 16002.4.3