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

§ 18583

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

Before a premium finance agency commences business or opens a branch office or place of business, there must be paid in cash, for the benefit of the agency, 100 percent of the amount of the minimum capital stock required under this chapter.

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

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California Financial Code

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