ARTICLE 3. Purpose and Scope of Guaranty Corporation

Article 3 added by Stats. 1976, Ch. 964.

§§ 18520–18525 · 5 sections

• § 18520 It shall be the purpose of Guaranty Corporation to guarantee full payment of guaranteed accounts of members, exclusive of special members, up to fifty thousand…
• § 18521.5 (a) Notwithstanding Section 18521 or 18100.5, until July 1, 1990, each industrial loan company, other than a premium finance agency, which has issued and has…
• § 18521.6 No industrial loan company which fails to comply with the requirements of subdivision (b) of Section 18521.5 by June 30, 1990, may continue to sell and issue…
• § 18523 The following described thrift obligations will be guaranteed by Guaranty Corporation in the amounts hereinafter set forth below: (a) Single ownership…
• § 18525 Notwithstanding any other provision of this division, Guaranty Corporation, with the written consent of the commissioner, shall have the power to assume…