Ca_Law

statute | California

Financial Code - FIN - FIN § 31502

  • UIDca_leginfo_codes:fin-31502
  • CitationFinancial Code - FIN - FIN § 31502
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

No licensee shall, except with the prior approval of the commissioner, enter or carry on its books or records any asset at a valuation exceeding the actual cost of such asset to such licensee.

Text

No licensee shall, except with the prior approval of the commissioner, enter or carry on its books or records any asset at a valuation exceeding the actual cost of such asset to such licensee.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 31502

    No licensee shall, except with the prior approval of the commissioner, enter or carry on its books or records any asset at a valuation exceeding the actual cost of such asset to such licensee.