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2025 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 1 - General Provisions
ARTICLE 3 - Real Property Held
Section 18042.
Universal Citation:
CA Fin Code § 18042 (2025)
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18042. The authority of a three-fourths vote of all the directors is necessary to authorize the purchase of a lot and building necessary as premises for the transaction of business as an industrial loan company or to authorize the construction of such building.
(Added by Stats. 1976, Ch. 964.)
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