Statute · California Financial Code
Cal. Fin. Code § 18508 — General
Cal. Fin. Code § 18508
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An industrial loan company or its successor shall not be entitled to receive a refund, return, withdrawal, or distribution of the amount in its member’s account or of any assessments paid by it except upon liquidation of Guaranty Corporation.
Citator
Cal. Fin. Code § 18508 — General is in force in the current edition of the Code, and nothing recorded condemns it.
An industrial loan company or its successor shall not be entitled to receive a refund, return, withdrawal, or distribution of the amount in its member’s account or of any assessments paid by it except upon liquidation of Guaranty Corporation.