DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 2. Formation and Organization 18100-18166›ARTICLE 3. Capitalization 18130-18139

§ 18137

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

An industrial loan company shall not reduce its capital stock to an amount less than is required by this article to be maintained by such company or less than any indebtedness of such company other than its investment certificates.

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

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California Financial Code

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