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2025 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 6 - Prohibited Practices and Penalties
Section 18452.
Universal Citation:
CA Fin Code § 18452 (2025)
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18452. 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.)
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