§ 18151
46 words·~1 min read·
/ca/financial-code/18151A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.