Financial Code § 31401
CHAPTER 6. Transaction of Business
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 firms.
(b) The business of a state development company in accordance with all applicable provisions of the Small Business Investment Act of 1958 and of the regulations of the Small Business Administration.
(c) The business of a local development company in accordance with all applicable provisions of the Small Business Investment Act of 1958 and of the regulations of the Small Business Administration.
(d) The business of a small business investment company in accordance with all applicable provisions of the Small Business Investment Act of 1958 and of the regulations of the Small Business Administration.