{"data":{"id":"us-ca/fin-31400","jurisdiction":"us-ca","citation":"FIN § 31400","heading":"","body":"(a) Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition.\n(b) No licensee shall commit any unsafe or unsound act.","path":["Financial Code - FIN","DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]","CHAPTER 6. Transaction of Business [31400. - 31410.]"],"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":"1b09f838a8172f9b9d3a88fe1d562193032830779e8f8dc2b61cb69c9216a844","source_id":"us-ca","stale":false,"prev":"us-ca/fin-31322","next":"us-ca/fin-31401"},"notice":"GroundRules: Original legal text. Not legal advice."}