California Legal Codes and Statutes

§ 31823

Added by Stats. 1977, Ch. 1164.
(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.

Cite this section

Cal. Fin. Code § 31823 (2026)
https://ca.codecond.com/codes/fin/division-15-business-and-industrial-development-corporations/chapter-12-crimes-and-criminal-penalties/article-2-conflicts-of-interest/section-31823

Other sections in Article 2 - Conflicts of Interest

§ 31820§ 31821§ 31822§ 31823§ 31824§ 31825§ 31826§ 31827§ 31828§ 31829

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