Ca_Law

statute | California

Financial Code - FIN - FIN § 18442

Summary

An industrial loan company shall not make any loan of money or property to or guarantee the obligation of any person upon the security of its capital (including the shares of capital stock) of the company, its holding company, or its affiliates.

Text

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  • #1 | Financial Code - FIN - FIN § 18442

    An industrial loan company shall not make any loan of money or property to or guarantee the obligation of any person upon the security of its capital (including the shares of capital stock) of the company, its holding company, or its affiliates.