Cal. Fin. Code § 18042

Current through the 2023 Legislative Session.
Section 18042 - Purchase of lot or building necessary as premises for transacting business

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.

Ca. Fin. Code § 18042

Added by Stats. 1976, Ch. 964.