DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 4. Investment Certificates 18315-18325

§ 18318

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

Investment or thrift certificates may be issued to or in the name of a minor and as such shall be for the exclusive right and benefit of such minor and may be redeemed in whole or part by said minor or his order and payment so made is a valid release and discharge to the company for such payment.

(Added by Stats. 1976, Ch. 964.)

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California Financial Code

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