{"code":"FIN","codeName":"Financial Code","section":"31400","citation":"Fin. Code, § 31400","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]","url":"https://blackletter.si/financial-code/division-15"},{"name":"CHAPTER 6. Transaction of Business [31400. - 31410.]","url":"https://blackletter.si/financial-code/division-15/chapter-6"}],"history":"Added by Stats. 1977, Ch. 1164.","effective":null,"html":"<p>(a) Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition.</p><p>(b) No licensee shall commit any unsafe or unsound act.</p>","text":"(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.","otherVersions":[],"url":"https://blackletter.si/financial-code/transaction-of-business-31400","source":"California Legislative Information bulk export (pubinfo)"}