Statute · California Financial Code
Cal. Fin. Code § 18436 — Prohibited Practices and Penalties
Cal. Fin. Code § 18436
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An industrial loan company shall not, directly or indirectly, make any loan of money or property to or guarantee the obligation of any of its directors or officers, or officers and directors of its holding company, or officers and directors of its affiliates.
Citator
Cal. Fin. Code § 18436 — Prohibited Practices and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.
An industrial loan company shall not, directly or indirectly, make any loan of money or property to or guarantee the obligation of any of its directors or officers, or officers and directors of its holding company, or officers and directors of its affiliates.