{"data":{"id":"us-ca/fin-31502","jurisdiction":"us-ca","citation":"FIN § 31502","heading":"","body":"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.","path":["Financial Code - FIN","DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]","CHAPTER 7. Records, Reports, and Examinations [31500. - 31509.]"],"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":"f8203a136cb20c56cfaf769a42d700c8da4b3f571c8fecc199fd758ddc4cd2ff","source_id":"us-ca","stale":false,"prev":"us-ca/fin-31501","next":"us-ca/fin-31503"},"notice":"GroundRules: Original legal text. Not legal advice."}