Financial Code § 18427.1

ARTICLE 5. Securities Transactions

Current as of September 28, 2026Fin. Code, § 18427.1Official source ↗

Repealed and added by Stats. 1996, Ch. 1064, Sec. 600. Effective January 1, 1997. Operative July 1, 1997.

No industrial loan company organized under the laws of this state shall offer or sell any security issued by it unless the commissioner has issued a permit authorizing such sale.