Cal. Fin. Code § 18452

Current through the 2023 Legislative Session.
Section 18452 - Sale of certificates knowing company insolvent

Every officer or employee of an industrial loan company, its holding company, or its affiliates who sells investment or thrift certificates knowing that the company is insolvent, is guilty of a misdemeanor.

Ca. Fin. Code § 18452

Amended by Stats. 1980, Ch. 418, Sec. 13.