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Cal. Financial Code § 18364

Cal. Financial Code § 18364

California · California Financial Code · Status: effective

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Cal. Financial Code § 18364, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/815180
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After an order of suspending or limiting the payment of liabilities is effective and until that order is rescinded, the industrial loan company shall make no assignment or hypothecation of any indebtedness due to it from an investor without first crediting thereon the investment liability of the company to such investor-borrower.