Statute · California Financial Code
Cal. Fin. Code § 22317.5 — Loan Regulations
Cal. Fin. Code § 22317.5
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2005-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
On any loan secured by real property, a licensee may not do either of the following:
Citator
Cal. Fin. Code § 22317.5 — Loan Regulations is in force in the current edition of the Code, and nothing recorded condemns it.
On any loan secured by real property, a licensee may not do either of the following:
(a) Fail to disburse funds in accordance with a commitment to make a loan that is accepted by the applicant.
(b) Intentionally delay the closing of a loan for the sole purpose of increasing interest, costs, fees, or charges payable by the borrower.