Financial Code section 18190

An industrial loan company may:

(a)

Loan money, secured or unsecured, with or without the pledge of its installment investment certificates.

(b)

Collect and receive charges for loans in advance or otherwise.

(c)

Purchase, sell, or discount the following obligations: bona fide trust receipts, secured or unsecured choses in action, conditional sales contracts, or security agreements.

(d)

Purchase, sell, discount, or originate lease obligations.

Source: Section 18190, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18190. (updated Jan. 1, 1999; accessed Jun. 9, 2025).

18190
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18192

Last Updated

Jan. 1, 1999

§ 18190’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_18190

Original Source: Section 18190, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18190. (last accessed May 12, 2025).