This article does not apply to a California industrial loan company’s engaging in authorized agency activities as agent for an insured depository institution in any case other than a case where, but for Section 18705, an office of the California industrial loan company would for regulatory purposes be considered to be an office of the insured depository institution.
(Amended by Stats. 1996, Ch. 887, Sec. 74. Effective September 25, 1996.)