Statute · California Financial Code
Cal. Fin. Code § 18442 — Prohibited Practices and Penalties
Cal. Fin. Code § 18442
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An industrial loan company shall not make any loan of money or property to or guarantee the obligation of any person upon the security of its capital (including the shares of capital stock) of the company, its holding company, or its affiliates.
Citator
Cal. Fin. Code § 18442 — 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 make any loan of money or property to or guarantee the obligation of any person upon the security of its capital (including the shares of capital stock) of the company, its holding company, or its affiliates.