Cal. Fin. Code § 18151

Current through the 2023 Legislative Session.
Section 18151 - Penalty for opening branch without certificate

An industrial loan company which opens a branch office without first obtaining a certificate of authorization to transact business shall forfeit to the people of the state the sum of one hundred dollars ($100) for every day during which the branch office is maintained without authority.

Ca. Fin. Code § 18151

Added by Stats. 1976, Ch. 964.