Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 7.: DIVISION 7. INDUSTRIAL LOAN COMPANIES/Ch. 6.: CHAPTER 6. Prohibited Practices and Penalties/§ 18444.
California Statutes

§ 18444. — 18444. (Added by Stats. 1976, Ch. 964.)

California § 18444.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 6.CHAPTER 6. Prohibited Practices and Penalties

This text of California § 18444. (18444. (Added by Stats. 1976, Ch. 964.)) 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 § 18444. (2026).

Text

Any officer or director held liable under Section 18443, who satisfies such liability is entitled to contribution from any other officer or director who participates in authorizing, making or allowing any such loan or guaranty, and is subrogated to all rights of the corporation against the borrower or principal obligor.

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Legislative History

Added by Stats. 1976, Ch. 964.
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California § 18444., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18444..