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California Code, Financial Code - FIN § 31405

Current as of January 01, 2025 | Updated by Findlaw Staff

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 the primary business of which is to provide financing assistance or management assistance.

(b) No licensee shall provide financing assistance to any business firm for the purpose of providing financing assistance to other persons or discharging, in whole or in part, any obligation incurred for such purpose.

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Cite this article: FindLaw.com - California Code, Financial Code - FIN § 31405 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-31405/

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