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California · Through 2026-09-13

FIN § 31502

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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 7. Records, Reports, and Examinations [31500. - 31509.]

No licensee shall, except with the prior approval of the commissioner, enter or carry on its books or records any asset at a valuation exceeding the actual cost of such asset to such licensee.

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

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