Statute · California Financial Code

Cal. Fin. Code § 18446 — Prohibited Practices and Penalties

Cal. Fin. Code § 18446

Type: Statute
Source: California Financial Code
Jurisdiction: California
Current through: Nov 2, 2026 (California Legislative Counsel)

Any director, officer, or employee of an industrial loan company, its holding company, or its affiliates who knowingly receives or possesses himself of any of its property otherwise than in payment of a just demand, or with intent to defraud, omits to make or causes to be made a full and true…

Citator

Cal. Fin. Code § 18446 — Prohibited Practices and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.

Any director, officer, or employee of an industrial loan company, its holding company, or its affiliates who knowingly receives or possesses himself of any of its property otherwise than in payment of a just demand, or with intent to defraud, omits to make or causes to be made a full and true entry thereof in its books and accounts or concurs in omitting to make any material entry thereof, is guilty of a felony.