Statute · California Financial Code
Cal. Fin. Code § 18131 — Capitalization
Cal. Fin. Code § 18131
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In addition to the capital stock required by Section 18130, an industrial loan company which has branch offices or which opens an additional branch office or place of business shall have additional capital stock of fifty thousand dollars ($50,000) for each branch office.
Citator
Cal. Fin. Code § 18131 — Capitalization is in force in the current edition of the Code, and nothing recorded condemns it.
In addition to the capital stock required by Section 18130, an industrial loan company which has branch offices or which opens an additional branch office or place of business shall have additional capital stock of fifty thousand dollars ($50,000) for each branch office.