California Code, FIN 31401.

California Code, FIN 31401.

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Financial Code - FIN

DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000 - 31952] Â Â ( Division 15 added by Stats. 1977, Ch. 1164. ) Â Â

CHAPTER 6. Transaction of Business [31400 - 31410] Â Â ( Chapter 6 added by Stats. 1977, Ch. 1164. )

  31401.  No licensee shall engage in any business other than one or more of the following: (a) The business of providing financing assistance and management assistance to business firms. (b) The business of a state development company in accordance with all applicable provisions of the Small Business Investment Act of 1958 and of the regulations of the Small Business Administration. (c) The business of a local development company in accordance with all applicable provisions of the Small Business Investment Act of 1958 and of the regulations of the Small Business Administration. (d) The business of a small business investment company in accordance with all applicable provisions of the Small Business Investment Act of 1958 and of the regulations of the Small Business Administration. (Amended by Stats. 1987, Ch. 867, Sec. 21.)