Fin. Code, § 18132 · Article 3. Capitalization

Fin. Code, § 18132

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

An industrial loan company may declare a dividend on its capital stock only if the company has minimum unimpaired capital of seven hundred fifty thousand dollars ($750,000) plus additional capital stock of fifty thousand dollars ($50,000) for each branch office.

Notes and commentary — not statutory text

History

Repealed and added by Stats. 1983, Ch. 858, Sec. 8.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN&sectionNum=18132.
Text hash: sha256 2004ea33ae65c884379096d3a7674ff6074b14ff3055cab1dfb6577b71fec4eb
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 1 provision

Provisions in this library whose text cites Fin. Code, § 18132. Each shows the citation as that text prints it.

Financial Code

Fin. Code, § 18130Printed as Sections 18130, 18131, 18132, 18133, 18134, and 18135 of the Financial Code

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.