Financial Code § 18442

CHAPTER 6. Prohibited Practices and Penalties

Current as of September 28, 2026Fin. Code, § 18442Official source ↗

Amended by Stats. 1989, Ch. 663, Sec. 18. Operative January 1, 1991, by Sec. 20 of Ch. 663.

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.