Statute · California Financial Code
Cal. Fin. Code § 18208 — Terms and Maximum Charges
Cal. Fin. Code § 18208
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An industrial loan company may make a consumer loan in which the principal and charges are payable at any time during the loan, provided that the loan is secured at all times at least 100 percent by either investment certificates of an industrial loan company authorized to conduct business in…
Citator
Cal. Fin. Code § 18208 — Terms and Maximum Charges is in force in the current edition of the Code, and nothing recorded condemns it.
An industrial loan company may make a consumer loan in which the principal and charges are payable at any time during the loan, provided that the loan is secured at all times at least 100 percent by either investment certificates of an industrial loan company authorized to conduct business in the State of California under this division or traded securities.