Home/California/Statutes/Code FIN: Financial 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/§ 18272.
California Statutes

§ 18272. — 18272. (Amended by Stats. 1984, Ch. 873, Sec. 4.)

California § 18272.
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 § 18272. (18272. (Amended by Stats. 1984, Ch. 873, Sec. 4.)) 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 § 18272. (2026).

Text

An industrial loan company shall diversify the loans and lease obligations it makes and other obligations it acquires, both as to the types of debtors and obligors, types of collateral, and as to terms and types of repayment schedules. The requirement for diversification notwithstanding, an industrial loan company may specialize in its lending, leasing, and other authorized practices under this division. The commissioner may promulgate rules and regulations pursuant to this section.

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Legislative History

Amended by Stats. 1984, Ch. 873, Sec. 4.
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California § 18272., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18272..