Statute · California Financial Code
Cal. Fin. Code § 18450 — Prohibited Practices and Penalties
Cal. Fin. Code § 18450
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A director, officer, or employee of an industrial loan company, its holding company, or its affiliates who concurs in any vote or act by which it is intended to make a loan or purchase a contract in violation of this division, is guilty of a misdemeanor.
Citator
Cal. Fin. Code § 18450 — Prohibited Practices and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.
A director, officer, or employee of an industrial loan company, its holding company, or its affiliates who concurs in any vote or act by which it is intended to make a loan or purchase a contract in violation of this division, is guilty of a misdemeanor.