{"data":{"id":"us-ca/fin-18427.1","jurisdiction":"us-ca","citation":"FIN § 18427.1","heading":"","body":"No industrial loan company organized under the laws of this state shall offer or sell any security issued by it unless the commissioner has issued a permit authorizing such sale.","path":["Financial Code - FIN","DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","CHAPTER 5. Administration and Powers of the Commissioner [18339. - 18427.11.]","ARTICLE 5. Securities Transactions [18427. - 18427.11.]"],"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":"c4652eabb1909aaba45ada07b9b5de01b4ab7ac5337a442024db5cf239ccef24","source_id":"us-ca","stale":false,"prev":"us-ca/fin-18427","next":"us-ca/fin-18427.2"},"notice":"GroundRules: Original legal text. Not legal advice."}