There is a newer version of the California Code
2005 California Financial Code Sections 33500-33502 Article 1. General Provisions
FINANCIAL CODESECTION 33500-33502
33500. Each licensee shall maintain adequate shareholders' equity and shall otherwise maintain itself in a safe and sound condition. 33501. Each licensee shall transact its business in a safe and sound manner. 33502. No licensee shall commit any unsafe or unsound act.
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