California Financial Code

§ 18406

FIN § 18406Div. 7 · Ch. 5 · Art. 3

Statute text

Each industrial loan company which has issued and which has outstanding investment certificates shall:

(a)Post in a conspicuous and prominent place in each business location a condensed statement of its financial condition, and

(b)Furnish to a person prior to such person’s investment in an investment certificate a copy of its latest condensed statement of its financial condition. Each year a copy of the condensed statement shall be furnished by mail or hand-delivered to each investment certificate holder.

…

Legislative history

Repealed and added by Stats. 1976, Ch. 964.