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2017 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 2 - Formation and Organization
ARTICLE 4 - Branch Offices
Section 18151.
Universal Citation: CA Fin Code § 18151 (2017)
18151.
An industrial loan company which opens a branch office without first obtaining a certificate of authorization to transact business shall forfeit to the people of the state the sum of one hundred dollars ($100) for every day during which the branch office is maintained without authority.
(Added by Stats. 1976, Ch. 964.)
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