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2025 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 2 - Formation and Organization
ARTICLE 3 - Capitalization
Section 18132.
Universal Citation:
CA Fin Code § 18132 (2025)
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18132. An industrial loan company may declare a dividend on its capital stock only if the company has minimum unimpaired capital of seven hundred fifty thousand dollars ($750,000) plus additional capital stock of fifty thousand dollars ($50,000) for each branch office.
(Repealed and added by Stats. 1983, Ch. 858, Sec. 8.)
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