{"data":{"id":"us-ca/fin-18042","jurisdiction":"us-ca","citation":"FIN § 18042","heading":"","body":"The authority of a three-fourths vote of all the directors is necessary to authorize the purchase of a lot and building necessary as premises for the transaction of business as an industrial loan company or to authorize the construction of such building.","path":["Financial Code - FIN","DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","CHAPTER 1. General Provisions [18000. - 18063.]","ARTICLE 3. Real Property Held [18040. - 18043.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"f5156c93e1e655ac0527a69d31f18a032136589db561fbf0d0131503cb67a378","source_id":"us-ca","stale":false,"prev":"us-ca/fin-18041","next":"us-ca/fin-18043"},"notice":"GroundRules: Original legal text. Not legal advice."}