§ 18392 Examination Cost Payment

Financial Code·California

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Key Takeaways

•If the government checks on a loan company, the company has to pay for it.
•The company pays for the workers' time and other costs of the check.
•The government decides how much the company must pay based on average costs.

Example

A loan company gets checked by the government to make sure they follow the rules.

The loan company has to pay for the time and work of the people who did the check, plus extra costs like office supplies.

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

Official Source

View on CA.gov

§ 18392 Examination Cost Payment

The industrial loan company examined shall pay to the commissioner the cost of any examination, investigation or services, including the salary or other compensation paid to the persons making the examination or investigation or rendering services, and overhead costs in connection therewith as fixed by the commissioner. In determining the cost of examination, investigation, or services, the commissioner may use the estimated average hourly cost for all persons performing examinations, investigations, or services for industrial loan companies for the fiscal year. (Amended by Stats. 1981, Ch. 946, Sec. 4.)

Last verified: January 23, 2026

Key Terms

industrial loan company commissioner cost of examination estimated average hourly cost

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 18392.

Key Takeaways

Example

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References

Key Takeaways

Example

Key Terms

Related Statutes

References