Statute · California Financial Code

Cal. Fin. Code § 18023.1 — General Provisions

Cal. Fin. Code § 18023.1

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1999-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

In addition to the borrowings under Section 18023, an industrial loan company may borrow funds from the Federal Home Loan Bank, the Federal Deposit Insurance Corporation, or a Federal Reserve Bank, which borrowed funds shall not be included in the borrowing limitations contained in Section 18023.

Citator

Cal. Fin. Code § 18023.1 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

In addition to the borrowings under Section 18023, an industrial loan company may borrow funds from the Federal Home Loan Bank, the Federal Deposit Insurance Corporation, or a Federal Reserve Bank, which borrowed funds shall not be included in the borrowing limitations contained in Section 18023.