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Earlier editions: 2020-112018-11

DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS 31000-31952›CHAPTER 6. Transaction of Business 31400-31410

§ 31400

California Financial Code · 2026 edition · updated 2026-10-04 · California

(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 any unsafe or unsound act.

(Added by Stats. 1977, Ch. 1164.)

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California Financial Code

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