California Financial Code

§ 18452

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

FIN § 18452Div. 7 · Ch. 6

Statute text

View on leginfo.ca.gov

Every officer or employee of an industrial loan company, its holding company, or its affiliates who sells investment or thrift certificates knowing that the company is insolvent, is guilty of a misdemeanor.

Legislative history

Amended by Stats. 1980, Ch. 418, Sec. 13.