California Food and Agricultural Code ARTICLE 6 - Financing Charges and Financial Statements

• Section 56251.
  A licensee that finances, lends money, or otherwise makes advances of money or credits to another licensee may not deduct from the proceeds of any...
• Section 56252.2.
  (a) If the director is not satisfied that an applicant or licensee is financially responsible, the director may, in lieu of denying, suspending, or revoking the...
• Section 56253.
  The secretary may require a licensee to file a balance sheet or statement of financial position that presents fairly the financial condition of such licensee....
• Section 56254.
  Any financial statement submitted to the director pursuant to the provisions of this article is confidential and shall not be divulged except if necessary for...
• Section 56255.
  (a) Every licensee shall prepare and preserve the accounts, records, and memoranda required by this chapter which shall fully and correctly disclose all transactions involved in...

Last modified: October 22, 2018