California Financial Code 18011.1 – “Affiliate” means an affiliated company or a person who, directly or …
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“Affiliate” means an affiliated company or a person who, directly or indirectly, controls over 10 percent of the voting stock of an industrial loan company.
(Added by Stats. 1996, Ch. 467, Sec. 1. Effective January 1, 1997.)
Terms Used In California Financial Code 18011.1
- company: as used in this division means a premium finance agency as defined in Section 18560. See California Financial Code 18003
- Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18