California § 18427.11. 18427.11. (Added by Stats. 1996, Ch. 1064, Sec. 613.)

California Statutes

§ 18427.11. — 18427.11. (Added by Stats. 1996, Ch. 1064, Sec. 613.)

California § 18427.11.

JurisdictionCalifornia

Code FINFinancial Code - FIN

Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES

Ch. 5.CHAPTER 5. Administration and Powers of the Commissioner

Art. 5.ARTICLE 5. Securities Transactions

This text of California § 18427.11. (18427.11. (Added by Stats. 1996, Ch. 1064, Sec. 613.)) 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 § 18427.11. (2026).

Text

The commissioner may by regulation or order restrict, limit, prohibit or otherwise condition the uses of the proceeds from the sale of securities, the extent to which a security may be included within the definition of capital, or the extent to which the proceeds from the sale of securities may be included in the investment certificate ratio as defined by Section 18016, or used to increase outstanding investment certificates.

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The commissioner may by regulation or order restrict, limit, prohibit or otherwise condition the uses of the proceeds from the sale of securities, the extent to which a security may be included within the definition of capital, or the extent to which the proceeds from the sale of securities may be included in the investment certificate ratio as defined by Section 18016, or used to increase outstanding investment certificates.