California Code of Regulations › Title 10 - Investment › Chapter 3 - Commissioner of Financial Protection and Innovation › Subchapter 1 - General Provisions › Article 3 - Conflict of Interest › Section 250.30 - General Provisions and Conlict of Interest Code

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Authority. This Conflict of Interest Code
				  has been adopted pursuant to the provisions of Government Code Sections
				  87300, et
				  seq. It is separate and apart from the requirements and prohibitions set forth
				  in Section
				  260.607 of this title. All
				  employees should refer to that section for additional requirements and
				  prohibitions.
(b) General
				  prohibitions. All employees of the Department of Business Oversight are subject
				  to the provisions for disqualification set forth in Government Code Sections
				  87100 and
				  87103.
(c) References. The Political Reform Act is
				  set forth in Sections
				  81000, et
				  seq., of the Government Code. The Regulations of the Fair Political Practices
				  Commission are set forth in Division 6, Title 2, California Code of
				  Regulations. Copies of Title 2 of the California Code of Regulations are
				  available at the Office of Administrative Law's website at
www.oal.ca.gov
.
(d) The Code. Set forth below is the Conflict
				  of Interest Code of the Department of Business Oversight.
CONFLICT OF INTEREST CODE FOR THE DEPARTMENT OF
					 BUSINESS OVERSIGHT
The Political Reform Act, Government Code Sections
					 81000, et seq., requires state and
					 local government agencies to adopt and promulgate Conflict of Interest Codes.
					 The Fair Political Practices Commission has adopted a regulation, Title 2
					 California Code of Regulations Section
					 18730, which contains the terms of
					 a standard Conflict of Interest Code, which can be incorporated by reference,
					 and which may be amended by the Fair Political Practices Commission to conform
					 to amendments in the Political Reform Act after public notice and hearings.
					 Therefore, the terms of Title 2 California Code of Regulations Section
					 18730 and any amendments to it
					 duly adopted by the Fair Political Practices Commission, along with the
					 attached Appendix in which officials and employees are designated and
					 disclosure categories are set forth, are hereby incorporated by reference and
					 constitute the Conflict of Interest Code of the Department of Corporations with
					 the addition provided below.
Designated employees shall file statements of economic
					 interests with the Manager of Human Resources of the Department of Business
					 Oversight, (under the supervision of the Deputy Commissioner of Admininstration
					 and in consultation with the General Counsel) to whom the agency has delegated
					 the authority to carry out the duties of filing officer. Upon receipt of the
					 statement of the Commissioner of Business Oversight, the Manager of Human
					 Resources shall make and retain a copy and forward the original of this
					 statement to the Fair Political Practices Commission. The Department will make
					 the statements available for public inspection and reproduction in accordance
					 with Government Code Section
					 81008.
Addition: An investment in a business entity that does
					 business, plans to do business, or has done business in the state within the
					 past two years and any source of income within the meaning of Government Code
					 sections
					 82005,
					 82030, and
					 82034 is
					 subject to disclosure if it has applied for or received a permit, registration,
					 certificate, order, or opinion from the Commissioner or if it is subject to any
					 investigation by the Commissioner.
1. Repealer
					 of article 3 (sections
					 250.30-250.38) and new article 3
					 (section 250.30 and Appendix) filed
					 2-26-81; effective thirtieth day thereafter. Approved by Fair Political
					 Practices Commission 12-1-80 (Register 81, No. 9). For prior history, see
					 Registers 79, No. 45 and 77, No. 20.
2. Amendment of subsections (a)
					 and (d) and Appendix filed 9-23-82; effective thirtieth day thereafter
					 (Register 82, No. 39).
3. Change without regulatory effect pursuant
					 to section
					 100, Title 1, California Code of
					 Regulations amending section
					 250.30, filed 3-4-91; operative
					 4-3-91 (Register 91, No. 14).
4. Amendment of Appendix filed
					 11-4-91; operative 12-4-91. Submitted to OAL for printing only (Register 92,
					 No. 8).
5. Amendment of Appendix filed 2-14-94; operative 3-16-94.
					 Submitted to OAL for printing only. Approved by Fair Political Practices
					 Commission 1-18-94 (Register 94, No. 7).
6. Amendment of subsection
					 (d)--Conflict of Interest Code and Appendix filed 9-16-97; operative 10-16-97.
					 Approved by Fair Political Practices Commission 7-7-97 (Register 97, No.
					 38).
7. Amendment of section and Appendix filed 3-26-2002; operative
					 4-25-2002. Approved by Fair Political Practices Commission 2-8-2002 (Register
					 2002, No. 13).
8. Amendment of section and Appendix filed 4-26-2004;
					 operative 5-26-2004. Approved by Fair Political Practices Commission 2-25-2004
					 (Register 2004, No. 18).
9. Amendment of Appendix filed 4-25-2007;
					 operative 5-25-2007. Approved by Fair Political Practices Commission 3-9-2007
					 (Register 2007, No. 17).
10. Repealer of penultimate and final
					 paragraphs and amendment of Appendix filed 7-6-2009; operative 8-5-2009.
					 Approved by Fair Political Practices Commission 6-12-2009 (Register 2009, No.
					 28).
11. Amendment of section heading, section and Appendix filed
					 8-10-2016; operative 9-9-2016 pursuant to Cal. Code Regs., tit. 2, section
					 18750(l).
					 Approved by Fair Political Practices Commission 6-22-2016 and submitted to OAL
					 for filing and printing only pursuant to Cal. Code Regs., tit. 2, section
					 18750(k)
					 (Register 2016, No. 33).
Note: Authority cited: Sections
						87300 and
						87306,
						Government Code; and Section
						25610,
						Corporations Code. Reference: Sections
						87300, et seq., Government Code;
						and Section
						25607,
						Corporations Code.