DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 1. General Provisions 18000-18063›ARTICLE 3. Real Property Held 18040-18043

§ 18042

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

The authority of a three-fourths vote of all the directors is necessary to authorize the purchase of a lot and building necessary as premises for the transaction of business as an industrial loan company or to authorize the construction of such building.

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

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California Financial Code

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