Financial Code section 18582

Capital stock of any premium finance agency shall not be less than seventy-five thousand dollars ($75,000) and need not exceed that sum regardless of the number of branch offices or business locations which may be authorized under the provisions of this division.

Source: Section 18582, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18582. (updated Jan. 1, 1976; accessed Jun. 25, 2025).

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Up to date

Verified:
Jun. 25, 2025

§ 18582's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_18582

Original Source: Section 18582, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18582. (last accessed May 12, 2025).