DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 5. Administration and Powers of the Commissioner 18339-18427.11›ARTICLE 1. General 18339-18368
§ 18340.5
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
All expenses of the department in administering this division and other laws relating to industrial loan companies or the industrial loan business shall be paid out of the Industrial Loan Account; and, except as otherwise provided in Section 276 or 277, the Industrial Loan Account shall be used only for such purposes.
(Added by Stats. 1996, Ch. 1064, Sec. 590. Effective January 1, 1997. Operative July 1, 1997.)
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