§ 18436
43 words·~1 min read·
/ca/financial-code/18436A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An industrial loan company shall not, directly or indirectly, make any loan of money or property to or guarantee the obligation of any of its directors or officers, or officers and directors of its holding company, or officers and directors of its affiliates.