Ca_Law

statute | California

Financial Code - FIN - FIN § 18436

Summary

An industrial loan company shall not, directly or indirectly, make any loan of money or property to or guarantee the obligation of any of its directors or officers, or officers and directors of its holding company, or officers and directors of its affiliates.

Text

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  • #1 | Financial Code - FIN - FIN § 18436

    An industrial loan company shall not, directly or indirectly, make any loan of money or property to or guarantee the obligation of any of its directors or officers, or officers and directors of its holding company, or officers and directors of its affiliates.