{"code":"FIN","codeName":"Financial Code","section":"18442","citation":"Fin. Code, § 18442","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 6. Prohibited Practices and Penalties [18435. - 18457.]","url":"https://blackletter.si/financial-code/division-7/chapter-6"}],"history":"Amended by Stats. 1989, Ch. 663, Sec. 18.   Operative January 1, 1991, by Sec. 20 of Ch. 663.","effective":null,"html":"<p>An industrial loan company shall not make any loan of money or property to or guarantee the obligation of any person upon the security of its capital (including the shares of capital stock) of the company, its holding company, or its affiliates.</p>","text":"An industrial loan company shall not make any loan of money or property to or guarantee the obligation of any person upon the security of its capital (including the shares of capital stock) of the company, its holding company, or its affiliates.","otherVersions":[],"url":"https://blackletter.si/financial-code/prohibited-practices-and-penalties-18442","source":"California Legislative Information bulk export (pubinfo)"}