Cal. Fin. Code § 18100.5

Current through the 2023 Legislative Session.
Section 18100.5 - FDIC participation required

Each industrial loan company, other than a premium finance agency, that has issued and has outstanding thrift obligations shall, as a condition to its authority to conduct business under this division, participate as a member of the Federal Deposit Insurance Corporation.

Ca. Fin. Code § 18100.5

Amended by Stats. 1998, Ch. 827, Sec. 9. Effective January 1, 1999.