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HomeFinancial CodeDiv. 6Ch. 2.5Art. 4§ 17344 Fidelity Corporation Oversight Rules

§ 17344 Fidelity Corporation Oversight Rules

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 17344 Fidelity Corporation Oversight Rules

This law says the government can check on Fidelity Corporation whenever they want to make sure they're following the rules.

Key Takeaways

  • •The government can inspect Fidelity Corporation anytime.
  • •They can look at all records, books, and even safes.
  • •No warning or permission is needed for these checks.

Example

If Fidelity Corporation is accused of not handling money correctly, the government can walk in and look at all their records.

The government doesn't need to ask permission—they can just show up and check everything to make sure the company is doing things right.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 17344 Fidelity Corporation Oversight Rules

The operation of Fidelity Corporation shall at all times be subject to the regulation of the commissioner and the commissioner’s duly designated representatives. The commissioner and the commissioner’s duly designated representatives may at any time investigate the affairs and examine the books, accounts, records, and files used by Fidelity Corporation. The commissioner and the commissioner’s duly designated representatives shall have free access to the offices, books, accounts, papers, records, files, safes, and vaults of Fidelity Corporation. (Amended by Stats. 1985, Ch. 1560, Sec. 32. Effective October 2, 1985.)

Last verified: January 11, 2026

Key Terms

Fidelity Corporationcommissionerregulationinvestigatebooksaccountsrecordsfilesfree access

Related Statutes

  • § 18390 Commissioner Examination Authority
  • § 22701 Commissioner'S Examination Authority
  • § 17333 Commissioner Takeover Of Fidelity
  • § 17334 Corporate Possession Court Challenge
  • § 17335 Appeals By Commissioner Or Fidelity

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 17344.
View Official Source