California Statutes
§ 18269. — 18269. (Amended by Stats. 1989, Ch. 663, Sec. 7.)
California § 18269.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 3.CHAPTER 3. Loans and Purchased Obligations
Art. 5.ARTICLE 5. Limitations and Regulations of Loans and Purchased Obligations
This text of California § 18269. (18269. (Amended by Stats. 1989, Ch. 663, Sec. 7.)) 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 § 18269. (2026).
Text
An industrial loan company that has investment certificates outstanding shall not make any loan secured primarily by improved real property in a principal amount in excess of 20 percent of the company’s unimpaired capital stock and surplus not available for dividends as provided in Section 18319. An industrial loan company that has investment certificates outstanding shall not make any loan secured primarily by unimproved real property in a principal amount in excess of 10 percent of the company’s unimpaired capital stock and surplus not available for dividends as provided in Section 18319.
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Legislative History
Amended by Stats. 1989, Ch. 663, Sec. 7. Operative January 1, 1991, by Sec. 20 of Ch. 663.
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Bluebook (online)
California § 18269., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18269..