2019 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 2 - Formation and Organization
ARTICLE 3 - Capitalization
Section 18137.

Universal Citation: CA Fin Code § 18137 (2019)
18137.  

An industrial loan company shall not reduce its capital stock to an amount less than is required by this article to be maintained by such company or less than any indebtedness of such company other than its investment certificates.

(Added by Stats. 1976, Ch. 964.)

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