Statute · California Financial Code
Cal. Fin. Code § 18151 — Branch Offices
Cal. Fin. Code § 18151
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An industrial loan company which opens a branch office without first obtaining a certificate of authorization to transact business shall forfeit to the people of the state the sum of one hundred dollars ($100) for every day during which the branch office is maintained without authority.
Citator
Cal. Fin. Code § 18151 — Branch Offices is in force in the current edition of the Code, and nothing recorded condemns it.
An industrial loan company which opens a branch office without first obtaining a certificate of authorization to transact business shall forfeit to the people of the state the sum of one hundred dollars ($100) for every day during which the branch office is maintained without authority.