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Cal. Fin. Code § 31826

Conflicts of Interest

Known as the Business and Industrial Development Corporations Law

The act spans §§ 31000–31952 (132 sections).

Added by Stats. 1977, Ch. 1164.

It shall be unlawful for any licensee, directly or indirectly, to provide financing assistance for the purchase of property from any associate of such licensee.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.