DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 2. Formation and Organization 18100-18166›ARTICLE 1. General 18100-18104

§ 18100.5

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

Each industrial loan company, other than a premium finance agency, that has issued and has outstanding thrift obligations shall, as a condition to its authority to conduct business under this division, participate as a member of the Federal Deposit Insurance Corporation.

(Amended by Stats. 1998, Ch. 827, Sec. 9. Effective January 1, 1999.)

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California Financial Code

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