DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 6. Prohibited Practices and Penalties 18435-18457

§ 18436

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

An industrial loan company shall not, directly or indirectly, make any loan of money or property to or guarantee the obligation of any of its directors or officers, or officers and directors of its holding company, or officers and directors of its affiliates.

(Amended by Stats. 1980, Ch. 418, Sec. 4.)

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California Financial Code

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