Section 18444 Of Chapter 6. Prohibited Practices And Penalties From California Financial Code >> Division 7. >> Chapter 6.
18444
. Any officer or director held liable under Section 18443, who
satisfies such liability is entitled to contribution from any other
officer or director who participates in authorizing, making or
allowing any such loan or guaranty, and is subrogated to all rights
of the corporation against the borrower or principal obligor.