Statute · California Financial Code

Cal. Fin. Code § 18270 — Limitations and Regulations of Loans and Purchased Obligations

Cal. Fin. Code § 18270

Type
Statute
Source
California Financial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

An industrial loan company may require the borrower to sign a contract of pledge, assignment, mortgage, security agreement, deed of trust, or trust receipt relating to real or personal property given by the borrower as security for the repayment of the loan and interest and charges thereon.

Citator

Cal. Fin. Code § 18270 — Limitations and Regulations of Loans and Purchased Obligations is in force in the current edition of the Code, and nothing recorded condemns it.

An industrial loan company may require the borrower to sign a contract of pledge, assignment, mortgage, security agreement, deed of trust, or trust receipt relating to real or personal property given by the borrower as security for the repayment of the loan and interest and charges thereon.