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California · Through 2026-09-13

FIN § 31409

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Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]
  3. CHAPTER 6. Transaction of Business [31400. - 31410.]

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 an obligation of, or an obligation incurred for the benefit of, any other person.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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