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

§ 18582

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

Capital stock of any premium finance agency shall not be less than seventy-five thousand dollars ($75,000) and need not exceed that sum regardless of the number of branch offices or business locations which may be authorized under the provisions of this division.

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

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.