DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 8. Insurance Premium Financing 18560-18643›ARTICLE 2. General 18580-18596

§ 18582

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

Capital stock of any premium finance agency shall not be less than seventy-five thousand dollars ($75,000) and need not exceed that sum regardless of the number of branch offices or business locations which may be authorized under the provisions of this division.

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

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California Financial Code

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