Cal. Fin. Code § 18681

Current through the 2023 Legislative Session.
Section 18681 - Activities and loans by company not maintaining branch in state

Section 18680 does not prohibit:

(a) Any foreign (other state) industrial loan company which does not maintain a California branch office from carrying on the activities described in subdivision (d) of Section 191 of the Corporations Code.
(b) Any foreign (other state) industrial loan company which does not maintain a California branch office from making in this state loans secured by liens on real property located in this state.
(c) Any foreign (other state) industrial loan company from having a California industrial loan company as its agent pursuant to Article 5 (commencing with Section 18700).

Ca. Fin. Code § 18681

Amended by Stats. 1996, Ch. 887, Sec. 55. Effective September 25, 1996.