California Financial Code ARTICLE 6.5 - Open-End Loans

• Section 18300.
  (a) As used in this article, “open-end loan” means a loan or loans made by an industrial loan company pursuant to a loan agreement which expressly...
• Section 18301.
  (a) Whenever authorized by the commissioner, an industrial loan company whose thrift obligations are insured by the Federal Deposit Insurance Corporation may make a secured line...
• Section 18302.
  An industrial loan company shall file a written request for authorization to conduct business under subdivision (a) of Section 18301. The request shall include all...
• Section 18303.
  The commissioner shall approve the request made pursuant to Section 18302 within 30 days after filing unless the commissioner has ascertained that the company has...

Last modified: October 22, 2018