{"data":{"id":"us-ca/fin-31231","jurisdiction":"us-ca","citation":"FIN § 31231","heading":"","body":"No licensee shall, except with the prior approval of the commissioner, make, or obligate itself to make, any distribution to its shareholders.","path":["Financial Code - FIN","DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]","CHAPTER 4. Corporate Matters [31200. - 31233.]","ARTICLE 4. Distributions to Shareholders [31230. - 31233.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"650e9fe7a73dcd6b865d87c9fa93a66514471807d4c0bc6a75aad4fd9099288d","source_id":"us-ca","stale":false,"prev":"us-ca/fin-31230","next":"us-ca/fin-31232"},"notice":"GroundRules: Original legal text. Not legal advice."}