California Statutes
§ 18137. — 18137. (Added by Stats. 1976, Ch. 964.)
California·Code FIN Financial Code - FIN·Div. 7. DIVISION 7. INDUSTRIAL LOAN COMPANIES·Ch. 2. CHAPTER 2. Formation and Organization·Art. 3. ARTICLE 3. Capitalization
An industrial loan company shall not reduce its capital stock to an amount less than is required by this article to be maintained by such company or less than any indebtedness of such company other than its investment certificates.
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California § 18137. (18137. (Added by Stats. 1976, Ch. 964.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1976, Ch. 964.