Skip to content
ChatProjectCodes

DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 5. Administration and Powers of the Commissioner 18339-18427.11›ARTICLE 4. Possession, Conservatorship, and Liquidation by the Commissioner 18415-18425.17

§ 18415.6

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

Any officer, agent, employee, director, or stockholder of a company who refuses to comply with the demand for possession issued under Section 18415 shall be guilty of a misdemeanor punishable by a fine of not more than one thousand dollars ($1,000) or imprisonment not exceeding one year or by both such fine and imprisonment.

(Added by Stats. 1985, Ch. 140, Sec. 1. Effective July 1, 1985.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Financial Code
California Financial Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.