California Financial Code CHAPTER 6 - Transaction of Business

  • Section 31400.
    (a) Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition.(b) No licensee shall commit...
  • Section 31401.
    No licensee shall engage in any business other than one or more of the following:(a) The business of providing financing assistance and management assistance to business...
  • Section 31402.
    Each licensee shall use its best efforts:(a) To provide financing assistance to business firms in this state in cooperation with the Small Business Administration pursuant to...
  • Section 31403.
    (a) Except as provided in subdivision (b), no licensee shall provide financing assistance or management assistance to any person other than a business firm in this...
  • Section 31404.
    Except as otherwise provided in subdivision (b) of Section 31403, no licensee shall provide financing assistance or management assistance for use outside this state.(Amended by...
  • Section 31405.
    Except as otherwise provided in subdivisions (b), (c), and (d) of Section 31406:(a) No licensee shall provide financing assistance or management assistance to any business firm...
  • Section 31406.
    No licensee shall, either by itself or in concert with any of its directors, officers, principal shareholders, or affiliates, any other licensee, or any of...
  • Section 31408.
    No licensee shall, except with the prior approval of the commissioner, guarantee the debt of any other person or otherwise lend its credit to any...
  • Section 31409.
    No licensee shall, except with the prior approval of the commissioner, provide a lien or security interest in any of its property for the purpose...
  • Section 31410.
    This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the State Constitution. The restrictions upon rates...

Last modified: October 22, 2018