DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 1. General Provisions 18000-18063›ARTICLE 1. Definitions 18000-18019
§ 18018.5
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
“Limited life preferred,” as used in this division, means preferred stock which has a maturity or which may be redeemed at the option of the holder.
(Added by Stats. 1989, Ch. 663, Sec. 1.5. Operative January 1, 1991, by Sec. 20 of Ch. 663.)
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