CHAPTER 6. Prohibited Practices and Penalties [18435. - 18457.]
Chapter 6 added by Stats. 1976, Ch. 964.
§§ 18435–18457 · 24 sections
- § 18435 Except as otherwise provided in this division, any person who willfully violates any provision of this division, or who willfully violates any rule or order…
- § 18436 An industrial loan company shall not, directly or indirectly, make any loan of money or property to or guarantee the obligation of any of its directors or…
- § 18437 (a) Except as provided in subdivision (b), an industrial loan company shall not make loans to, or purchase any obligations from, persons who do not reside or…
- § 18438 If a loan is made or other thing is purchased or discounted in violation of Section 18271, 18272, 18273, 18274, or 18437, the officers, directors and…
- § 18439 If any amount in excess of the charges permitted by this division, including interest, is charged, contracted for, or received in the making or collection of a…
- § 18440 An industrial loan company shall not take any confession of judgment or any power of attorney at the time of making the loan except a power of attorney taken…
- § 18441 No person in connection with or incidental to the making of any loan under this division, shall require the borrower to contract for, purchase, or agree to…
- § 18442 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…
- § 18443 If any loan or guaranty is made in violation of Section 18436 or 18442, the directors and officers who authorize it or assent thereto are jointly and severally…
- § 18444 Any officer or director held liable under Section 18443, who satisfies such liability is entitled to contribution from any other officer or director who…
- § 18445 Any director, officer, or employee of an industrial loan company, its holding company, or its affiliates who asks for or receives, or consents or agrees to…
- § 18446 Any director, officer, or employee of an industrial loan company, its holding company, or its affiliates who knowingly receives or possesses himself of any of…
- § 18447 Any director, officer, or employee of an industrial loan company, its holding company, or its affiliates who knowingly makes or concurs in making or publishing…
- § 18448 No director, officer, stockholder, or employee of an industrial loan company, its holding company, or its affiliates shall purchase, directly or indirectly, or…
- § 18449 Every director of an industrial loan company who: (a) In the case of the fraudulent insolvency of such company, shall have participated in such fraud; or (b)…
- § 18450 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…
- § 18451 A director, officer, or employee of an industrial loan company, its holding company, or its affiliates who makes or maintains, or attempts to make or maintain,…
- § 18452 Every officer or employee of an industrial loan company, its holding company, or its affiliates who sells investment or thrift certificates knowing that the…
- § 18453 Any person who knowingly sells investment certificates in violation of any provision of this division or any order or regulation of the commissioner, is guilty…
- § 18454 Any director, officer, agent or employee of an industrial loan company, its holding company, or its affiliates who willfully makes a false or untrue entry in…
- § 18454.5 It is unlawful for any person to willfully make any untrue statement of a material fact in any document filed with the commissioner under this division, or to…
- § 18455 An industrial loan company shall not, directly or indirectly, make any loan to, or purchase a contract, loan, or chose in action from, hold a lease obligation…
- § 18456 The provisions of this chapter shall be applicable to lease obligations.
- § 18457 Any officer, director, employee, or agent of any company who abstracts or willfully misapplies any of the money, funds, or property of the industrial loan…