Financial Code section 31400

(a)

Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition.

(b)

No licensee shall commit any unsafe or unsound act.

Source: Section 31400, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=31400. (updated Jan. 1, 1977; accessed Jul. 7, 2025).

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Up to date

Verified:
Jul. 7, 2025

§ 31400's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_31400

Original Source: Section 31400, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=31400. (last accessed May 12, 2025).