{"data":{"id":"us-ca/fin-31409","jurisdiction":"us-ca","citation":"FIN § 31409","heading":"","body":"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.","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":"077034b8a2f8306d9494f7475cf0fcc8807e2c027bd15cb88ad55d5e39168f81","source_id":"us-ca","stale":false,"prev":"us-ca/fin-31408","next":"us-ca/fin-31410"},"notice":"GroundRules: Original legal text. Not legal advice."}