Earlier editions: 2020-112018-11
DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 7. Guarantee of Thrift Accounts 18475-18538›ARTICLE 2. General 18490-18512
§ 18508
California Financial Code · 2026 edition · updated 2026-10-04 · California
An industrial loan company or its successor shall not be entitled to receive a refund, return, withdrawal, or distribution of the amount in its member’s account or of any assessments paid by it except upon liquidation of Guaranty Corporation.
(Repealed and added by Stats. 1989, Ch. 583, Sec. 5.)
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