Financial Code section 18359

Whenever the commissioner is authorized to issue an order pursuant to Section 18357 or Section 18358 of this division, the commissioner may issue an order directing an industrial loan company to discontinue or limit the sale of its investment certificates or to impound the proceeds from the sale of its investment certificates in such manner as the commissioner may specify in such order.

Source: Section 18359, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18359. (updated Jan. 1, 1991; accessed Jul. 6, 2026).

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Jul. 6, 2026

§ 18359's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_18359

Original Source: Section 18359, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18359. (last accessed May 12, 2025).