California Financial Code 18452 – Every officer or employee of an industrial loan company, its holding …
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Every officer or employee of an industrial loan company, its holding company, or its affiliates who sells investment or thrift certificates knowing that the company is insolvent, is guilty of a misdemeanor.
(Amended by Stats. 1980, Ch. 418, Sec. 13.)
Terms Used In California Financial Code 18452
- company: as used in this division means a premium finance agency as defined in Section 18560. See California Financial Code 18003