Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 15.: DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS/Ch. 12.: CHAPTER 12. Crimes and Criminal Penalties/Art. 2.: ARTICLE 2. Conflicts of Interest/§ 31823.
California Statutes

§ 31823. — 31823. (Added by Stats. 1977, Ch. 1164.)

California § 31823.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 15.DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS
Ch. 12.CHAPTER 12. Crimes and Criminal Penalties
Art. 2.ARTICLE 2. Conflicts of Interest

This text of California § 31823. (31823. (Added by Stats. 1977, Ch. 1164.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 31823. (2026).

Text

(a)It shall be unlawful for any licensee, directly or indirectly, to provide financing assistance to any associate of another licensee if any associate of the first licensee receives, has received, or is about to receive, directly or indirectly, financing assistance or a commitment for financing assistance from such other licensee.
(b)It shall be unlawful for any licensee, directly or indirectly, to provide financing assistance to any associate of another licensee if any associate of the first licensee receives, has received, or is about to receive, directly or indirectly financing assistance or a commitment for financing assistance from a third licensee pursuant to any contract, understanding, or arrangement among such licensees.

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Legislative History

Added by Stats. 1977, Ch. 1164.
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Bluebook (online)
California § 31823., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/31823..