Cal. Fin. Code § 18023.1

Current through the 2024 Legislative Session.

Section 18023.1 - Authority to borrow from Federal Home Loan Bank, FDIC or Federal Reserve Bank

In addition to the borrowings under Section 18023, an industrial loan company may borrow funds from the Federal Home Loan Bank, the Federal Deposit Insurance Corporation, or a Federal Reserve Bank, which borrowed funds shall not be included in the borrowing limitations contained in Section 18023.

Ca. Fin. Code § 18023.1

Amended by Stats. 1998, Ch. 827, Sec. 6. Effective January 1, 1999.