Cal. Fin. Code § 18190

Current through the 2023 Legislative Session.
Section 18190 - Powers

An industrial loan company may:

(a) Loan money, secured or unsecured, with or without the pledge of its installment investment certificates.
(b) Collect and receive charges for loans in advance or otherwise.
(c) Purchase, sell, or discount the following obligations: bona fide trust receipts, secured or unsecured choses in action, conditional sales contracts, or security agreements.
(d) Purchase, sell, discount, or originate lease obligations.

Ca. Fin. Code § 18190

Amended by Stats. 1998, Ch. 827, Sec. 10. Effective January 1, 1999.