Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 7.: DIVISION 7. INDUSTRIAL LOAN COMPANIES/Ch. 6.: CHAPTER 6. Prohibited Practices and Penalties/§ 18457.
California Statutes

§ 18457. — 18457. (Added by Stats. 1990, Ch. 947, Sec. 5.)

California § 18457.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 6.CHAPTER 6. Prohibited Practices and Penalties

This text of California § 18457. (18457. (Added by Stats. 1990, Ch. 947, Sec. 5.)) 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 § 18457. (2026).

Text

Any officer, director, employee, or agent of any company who abstracts or willfully misapplies any of the money, funds, or property of the industrial loan company, or willfully misapplies its credit, is guilty of a felony. Upon conviction, the court shall, in addition to any other punishment imposed, order the person to make full restitution to the industrial loan company. Nothing in this section shall be deemed or construed to repeal, amend, or impair any existing provision of law prescribing a punishment for such an offense.

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Legislative History

Added by Stats. 1990, Ch. 947, Sec. 5.
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California § 18457., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18457..