§ 18063 Industrial Loan Advertising Records

Financial Code·California

AI SummaryVerified

This law says that companies offering certain loans must keep copies of all their ads for a year and show them to the government if asked.

Key Takeaways

•Loan companies must keep their ads for 12 months.
•They have to show these ads to the government if asked.
•This rule is for companies that offer industrial loans.

Example

A company runs a TV ad saying 'Get a loan in 5 minutes!'

The company must save that ad for a year and show it to the government if they ask to see it.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 18063 Industrial Loan Advertising Records

The commissioner may require an industrial loan company to maintain a file of all advertising copy for a period of 12 months from the date of its use. The file shall be available to the commissioner upon request. (Added by Stats. 1976, Ch. 964.)

Last verified: January 11, 2026

Key Terms

commissioner industrial loan company advertising copy 12 months

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 18063.

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Key Takeaways

Example

Key Terms

Related Statutes

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