California Financial Code 18104 – Except as otherwise authorized under existing law, no person, unless …
Except as otherwise authorized under existing law, no person, unless lawfully authorized to do business in this state under the provisions of this division and who is actually engaged in carrying on an industrial loan business, shall:
(a) Do business under any name or title that contains the following terms:
Terms Used In California Financial Code 18104
- company: as used in this division means a premium finance agency as defined in Section 18560. See California Financial Code 18003
- Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
(1) “Industrial Loan Company.”
(2) “Investment and Loan Company.”
(3) “Thrift Company.”
(4) “Thrift and Loan Company.”
(b) Use any name or sign, or circulate or use any letterhead, billhead, circular, or paper, whatever, or advertise or represent in any manner that indicates or reasonably implies that the business is the character or kind of business carried on or transacted by an industrial loan business or is likely to lead any person to believe that the business is that of an industrial loan company.
(Amended by Stats. 1992, Ch. 427, Sec. 35. Effective January 1, 1993.)