Financial Code section 18508

An industrial loan company or its successor shall not be entitled to receive a refund, return, withdrawal, or distribution of the amount in its member’s account or of any assessments paid by it except upon liquidation of Guaranty Corporation.

Source: Section 18508, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18508. (updated Jan. 1, 1989; accessed Sep. 1, 2025).

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Up to date

Verified:
Sep. 1, 2025

§ 18508's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_18508

Original Source: Section 18508, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18508. (last accessed May 12, 2025).