FIN § 31409
Where this section sits in the code
- Financial Code - FIN
- DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]
- 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