Statute · California Financial Code
Cal. Fin. Code § 31502 — Records, Reports, and Examinations
Cal. Fin. Code § 31502
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Fin. Code § 31502 — Records, Reports, and Examinations is in force in the current edition of the Code, and nothing recorded condemns it.
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.