Financial Code § 18151

ARTICLE 4. Branch Offices

Current as of September 28, 2026Fin. Code, § 18151Official source ↗

Added by Stats. 1976, Ch. 964.

An industrial loan company which opens a branch office without first obtaining a certificate of authorization to transact business shall forfeit to the people of the state the sum of one hundred dollars ($100) for every day during which the branch office is maintained without authority.