Financial Code § 18100.5
‹ § 18100§ 18101 ›Open in browserleginfo ↗18100.5.
Each industrial loan company, other than a premium finance agency, that has issued and has outstanding thrift obligations shall, as a condition to its authority to conduct business under this division, participate as a member of the Federal Deposit Insurance Corporation.
(Amended by Stats. 1998, Ch. 827, Sec. 9. Effective January 1, 1999.)