California Financial Code

§ 18436

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

FIN § 18436Div. 7 · Ch. 6

Statute text

View on leginfo.ca.gov

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.

Legislative history

Amended by Stats. 1980, Ch. 418, Sec. 4.