California Financial Code

§ 18445

FIN § 18445Div. 7 · Ch. 6

Statute text

Any director, officer, or employee of an industrial loan company, its holding company, or its affiliates who asks for or receives, or consents or agrees to receive any commission, emolument, or gratuity or any money, property, or thing of value for procuring or endeavoring to procure for any person any loan from such company, or the purchase or discount of any note, contract, or other obligation or property by such company, is guilty of a felony.

Legislative history

Amended by Stats. 1980, Ch. 418, Sec. 7.