California · Financial Code

FIN §18340: All money received or collected by the commissioner under this division or any other law relating to industrial loan companies or the industrial loan business shall be deposited in the State Treasury

What this law says, in plain English

Money collected by the commissioner under industrial loan company laws must be deposited in the State Treasury.

Read the full statutory text
All money received or collected by the commissioner under this division or any other law relating to industrial loan companies or the industrial loan business shall be deposited in the State Treasury to the credit of the Industrial Loan Account of the Financial Institutions Fund.

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