California · Through 2026-09-13

FIN § 18364

Where this section sits in the code

Financial Code - FIN
DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]
CHAPTER 5. Administration and Powers of the Commissioner [18339. - 18427.11.]
ARTICLE 1. General [18339. - 18368.]

After an order of suspending or limiting the payment of liabilities is effective and until that order is rescinded, the industrial loan company shall make no assignment or hypothecation of any indebtedness due to it from an investor without first crediting thereon the investment liability of the company to such investor-borrower.

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

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