California Legal Codes and Statutes

§ 18208

Repealed and added by Stats. 1976, Ch. 964.

An industrial loan company may make a consumer loan in which the principal and charges are payable at any time during the loan, provided that the loan is secured at all times at least 100 percent by either investment certificates of an industrial loan company authorized to conduct business in the State of California under this division or traded securities.

Cite this section

Cal. Fin. Code § 18208 (2026)
https://ca.codecond.com/codes/fin/division-7-industrial-loan-companies/chapter-3-loans-and-purchased-obligations/article-2-terms-and-maximum-charges/section-18208

Other sections in Article 2 - Terms and Maximum Charges

§ 18205§ 18205.5§ 18206§ 18207§ 18208§ 18210§ 18211§ 18212§ 18212.1§ 18212.2…§ 18214§ 18215§ 18216§ 18217§ 18218§ 18218.5§ 18219§ 18220§ 18221§ 18222

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