{"code":"FIN","codeName":"Financial Code","section":"18132","citation":"Fin. Code, § 18132","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","url":"https://blackletter.si/financial-code/division-7"},{"name":"CHAPTER 2. Formation and Organization [18100. - 18166.]","url":"https://blackletter.si/financial-code/division-7/chapter-2"},{"name":"ARTICLE 3. Capitalization [18130. - 18139.]","url":"https://blackletter.si/financial-code/division-7/chapter-2/article-3"}],"history":"Repealed and added by Stats. 1983, Ch. 858, Sec. 8.","effective":null,"html":"<p>An industrial loan company may declare a dividend on its capital stock only if the company has minimum unimpaired capital of seven hundred fifty thousand dollars ($750,000) plus additional capital stock of fifty thousand dollars ($50,000) for each branch office.</p>","text":"An industrial loan company may declare a dividend on its capital stock only if the company has minimum unimpaired capital of seven hundred fifty thousand dollars ($750,000) plus additional capital stock of fifty thousand dollars ($50,000) for each branch office.","otherVersions":[],"url":"https://blackletter.si/financial-code/capitalization-18132","source":"California Legislative Information bulk export (pubinfo)"}