§ 18450
46 words·~1 min read·
/ca/financial-code/18450A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A director, officer, or employee of an industrial loan company, its holding company, or its affiliates who concurs in any vote or act by which it is intended to make a loan or purchase a contract in violation of this division, is guilty of a misdemeanor.