An industrial loan company may:
- (a) Loan money, secured or unsecured, with or without the pledge of its installment investment certificates.
- (b) Collect and receive charges for loans in advance or otherwise.
- (c) Purchase, sell, or discount the following obligations: bona fide trust receipts, secured or unsecured choses in action, conditional sales contracts, or security agreements.
- (d) Purchase, sell, discount, or originate lease obligations.