Statute · California Financial Code
Cal. Fin. Code § 18444 — Prohibited Practices and Penalties
Cal. Fin. Code § 18444
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any officer or director held liable under Section 18443, who satisfies such liability is entitled to contribution from any other officer or director who participates in authorizing, making or allowing any such loan or guaranty, and is subrogated to all rights of the corporation against the…
Citator
Cal. Fin. Code § 18444 — Prohibited Practices and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.
Any officer or director held liable under Section 18443, who satisfies such liability is entitled to contribution from any other officer or director who participates in authorizing, making or allowing any such loan or guaranty, and is subrogated to all rights of the corporation against the borrower or principal obligor.