{"code":"FIN","codeName":"Financial Code","section":"18137","citation":"Fin. Code, § 18137","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":"Added by Stats. 1976, Ch. 964.","effective":null,"html":"<p>An industrial loan company shall not reduce its capital stock to an amount less than is required by this article to be maintained by such company or less than any indebtedness of such company other than its investment certificates.</p>","text":"An industrial loan company shall not reduce its capital stock to an amount less than is required by this article to be maintained by such company or less than any indebtedness of such company other than its investment certificates.","otherVersions":[],"url":"https://blackletter.si/financial-code/capitalization-18137","source":"California Legislative Information bulk export (pubinfo)"}