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Section 31823 Of Article 2. Conflicts Of Interest From California Financial Code >> Division 15. >> Chapter 12. >> Article 2.
31823
. (a) It shall be unlawful for any licensee, directly or
indirectly, to provide financing assistance to any associate of
another licensee if any associate of the first licensee receives, has
received, or is about to receive, directly or indirectly, financing
assistance or a commitment for financing assistance from such other
licensee.
(b) It shall be unlawful for any licensee, directly or indirectly, to provide financing assistance to any associate of another licensee if any associate of the first licensee receives, has received, or is about to receive, directly or indirectly financing assistance or a commitment for financing assistance from a third licensee pursuant to any contract, understanding, or arrangement among such licensees.
(b) It shall be unlawful for any licensee, directly or indirectly, to provide financing assistance to any associate of another licensee if any associate of the first licensee receives, has received, or is about to receive, directly or indirectly financing assistance or a commitment for financing assistance from a third licensee pursuant to any contract, understanding, or arrangement among such licensees.
