Financial Code section 18011.1

“Affiliate” means an affiliated company or a person who, directly or indirectly, controls over 10 percent of the voting stock of an industrial loan company.

Source: Section 18011.1, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18011.1. (updated Jan. 1, 1997; accessed Jun. 23, 2025).

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Verified:
Jun. 23, 2025

§ 18011.1's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_18011.1

Original Source: Section 18011.1, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18011.1. (last accessed May 12, 2025).