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California Law (Last Updated: March 4, 2014) |
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Financial Code - FIN |
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Division 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS |
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Chapter 6. Transaction of Business |
Section 31401.
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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.