California § 18041. 18041. (Amended by Stats. 1984, Ch. 873, Sec. 1.)

California Statutes

§ 18041. — 18041. (Amended by Stats. 1984, Ch. 873, Sec. 1.)

California § 18041.

JurisdictionCalifornia

Code FINFinancial Code - FIN

Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES

Ch. 1.CHAPTER 1. General Provisions

Art. 3.ARTICLE 3. Real Property Held

This text of California § 18041. (18041. (Amended by Stats. 1984, Ch. 873, 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 § 18041. (2026).

Text

(a)The commissioner may establish rules and regulations regarding the sale of any real property acquired pursuant to subdivision (a) or (b) of Section 18040, consistent with what constitutes sound business practices for industrial loan companies.

(b)Real property acquired pursuant to subdivision (a) or (b) of Section 18040 shall not be held for a longer period than five years without the written consent of the commissioner.

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(a)
The commissioner may establish rules and regulations regarding the sale of any real property acquired pursuant to subdivision (a) or (b) of Section 18040, consistent with what constitutes sound business practices for industrial loan companies.
(b)
Real property acquired pursuant to subdivision (a) or (b) of Section 18040 shall not be held for a longer period than five years without the written consent of the commissioner.

Legislative History

Amended by Stats. 1984, Ch. 873, Sec. 1.

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Bluebook (online)

California § 18041., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18041..