California Financial Code

§ 18120

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 18120Div. 7 · Ch. 2 · Art. 2

Statute text

View on leginfo.ca.gov

Before the commissioner issues a certificate of authorization to operate as an industrial loan company, there must be paid in cash for the benefit of the corporation, the minimum capital stock and minimum paid-in surplus or reserve required pursuant to Article 3 (commencing with Section 18130) of this chapter.

Legislative history

Amended by Stats. 1977, Ch. 264.