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California · Through 2026-09-13

FIN § 18208

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Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]
  3. CHAPTER 3. Loans and Purchased Obligations [18190. - 18303.]
  4. ARTICLE 2. Terms and Maximum Charges [18205. - 18222.]

An industrial loan company may make a consumer loan in which the principal and charges are payable at any time during the loan, provided that the loan is secured at all times at least 100 percent by either investment certificates of an industrial loan company authorized to conduct business in the State of California under this division or traded securities.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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