- (a) Each licensee shall use its best efforts to provide financing in conjunction with, and fulfill the expectations of, the federal financing guarantee programs in which the licensee participates.
- (b) Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition. No licensee or the directors or officers of such licensee, if such licensee is a corporation, shall commit any unsafe or unsound act.
- (c) Each licensee shall comply with all applicable state and federal laws and regulations.
(P.A. 16-65, S. 67.)
History: P.A. 16-65 effective May 26, 2016.