CHAPTER 6. Transaction of Business [31400. - 31410.]

Chapter 6 added by Stats. 1977, Ch. 1164.

§§ 31400–31410 · 10 sections

• § 31400 (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…
• § 31401 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…
• § 31402 Each licensee shall use its best efforts: (a) To provide financing assistance to business firms in this state in cooperation with the Small Business…
• § 31403 (a) Except as provided in subdivision (b), no licensee shall provide financing assistance or management assistance to any person other than a business firm in…
• § 31404 Except as otherwise provided in subdivision (b) of Section 31403, no licensee shall provide financing assistance or management assistance for use outside this…
• § 31405 Except as otherwise provided in subdivisions (b), (c), and (d) of Section 31406: (a) No licensee shall provide financing assistance or management assistance to…
• § 31406 No licensee shall, either by itself or in concert with any of its directors, officers, principal shareholders, or affiliates, any other licensee, or any of the…
• § 31408 No licensee shall, except with the prior approval of the commissioner, guarantee the debt of any other person or otherwise lend its credit to any other person;…
• § 31409 No licensee shall, except with the prior approval of the commissioner, provide a lien or security interest in any of its property for the purpose of securing…
• § 31410 This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the State Constitution. The restrictions upon rates of…