California Statutes
§ 18442. — 18442. (Amended by Stats. 1989, Ch. 663, Sec. 18.)
California·Code FIN Financial Code - FIN·Div. 7. DIVISION 7. INDUSTRIAL LOAN COMPANIES·Ch. 6. CHAPTER 6. Prohibited Practices and Penalties
An industrial loan company shall not make any loan of money or property to or guarantee the obligation of any person upon the security of its capital (including the shares of capital stock) of the company, its holding company, or its affiliates.
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California § 18442. (18442. (Amended by Stats. 1989, Ch. 663, Sec. 18.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1989, Ch. 663, Sec. 18. Operative January 1, 1991, by Sec. 20 of Ch. 663.