California Financial Code ARTICLE 3 - Purpose and Scope of Guaranty Corporation

• Section 18520.
  It shall be the purpose of Guaranty Corporation to guarantee full payment of guaranteed accounts of members, exclusive of special members, up to fifty thousand...
• Section 18521.5.
  (a) Notwithstanding Section 18521 or 18100.5, until July 1, 1990, each industrial loan company, other than a premium finance agency, which has issued and has outstanding...
• Section 18521.6.
  No industrial loan company which fails to comply with the requirements of subdivision (b) of Section 18521.5 by June 30, 1990, may continue to sell...
• Section 18523.
  The following described thrift obligations will be guaranteed by Guaranty Corporation in the amounts hereinafter set forth below:(a) Single ownership investment certificates. Funds owned by an...
• Section 18525.
  Notwithstanding any other provision of this division, Guaranty Corporation, with the written consent of the commissioner, shall have the power to assume obligations, enter into...

Last modified: October 22, 2018