California Statutes

§ 18022. — 18022. (Amended by Stats. 1996, Ch. 223, Sec. 1.)

California § 18022.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 1.CHAPTER 1. General Provisions
Art. 2.ARTICLE 2. General Provisions

This text of California § 18022. (18022. (Amended by Stats. 1996, Ch. 223, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 18022. (2026).

Text

No industrial loan company shall invest any of its funds, except as authorized in this division. Industrial loan companies may invest their funds in investments that are legal investments for commercial banks, including the capital stock, obligations, or other securities of one or more corporations, subject to rules and orders prescribed by the commissioner. Companies may also invest their funds in the choses in action issued by any other industrial loan company.

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Legislative History

Amended by Stats. 1996, Ch. 223, Sec. 1. Effective January 1, 1997.

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California § 18022., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18022..