Financial Code section 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.

Source: Section 31401, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=31401.­ (updated Jan. 1, 1987; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 31401's source at ca​.gov