GroundRules
FIN § 18132
Where this section sits in the code
- Financial Code - FIN
- DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]
- CHAPTER 2. Formation and Organization [18100. - 18166.]
- ARTICLE 3. Capitalization [18130. - 18139.]
An industrial loan company may declare a dividend on its capital stock only if the company has minimum unimpaired capital of seven hundred fifty thousand dollars ($750,000) plus additional capital stock of fifty thousand dollars ($50,000) for each branch office.
Collected 2026-09-14T05:56:33Z. Source file · JSON