{"data":{"id":"us-ca/fin-31824","jurisdiction":"us-ca","citation":"FIN § 31824","heading":"","body":"It shall be unlawful for any licensee or for any associate of a licensee, directly or indirectly, to borrow money from:\n(a) Any person to which such licensee has provided, or has committed to provide, financing assistance;\n(b) Any director of, officer of, or person who owns a 10 percent or greater equity interest in, any person referred to in subdivision (a); or\n(c) Any close relative of any person referred to in subdivision (b).","path":["Financial Code - FIN","DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]","CHAPTER 12. Crimes and Criminal Penalties [31800. - 31881.]","ARTICLE 2. Conflicts of Interest [31820. - 31829.]"],"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":"4854aa87e2992319e3ffb5997f0821fae78819fd4d43ad08a66365279eb158d5","source_id":"us-ca","stale":false,"prev":"us-ca/fin-31823","next":"us-ca/fin-31825"},"notice":"GroundRules: Original legal text. Not legal advice."}