BlackletterCalifornia law

Financial Code § 18450

CHAPTER 6. Prohibited Practices and Penalties

Current as of September 28, 2026Fin. Code, § 18450Official source ↗

Amended by Stats. 1980, Ch. 418, Sec. 11.

A director, officer, or employee of an industrial loan company, its holding company, or its affiliates who concurs in any vote or act by which it is intended to make a loan or purchase a contract in violation of this division, is guilty of a misdemeanor.