Statute · California Financial Code
Cal. Fin. Code § 50703 — Brokerage Services for Borrowers
Cal. Fin. Code § 50703
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1996-03-20
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding Section 10248.3 of the Business and Professions Code, the provisions of Article 7 (commencing with Section 10240) of Chapter 3 of Part 1 of Division 4 of the Business and Professions Code shall apply to a residential mortgage loan arranged by a licensee pursuant to this chapter,…
Citator
Cal. Fin. Code § 50703 — Brokerage Services for Borrowers is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding Section 10248.3 of the Business and Professions Code, the provisions of Article 7 (commencing with Section 10240) of Chapter 3 of Part 1 of Division 4 of the Business and Professions Code shall apply to a residential mortgage loan arranged by a licensee pursuant to this chapter, unless that loan exceeds the principal loan amount specified for a bona fide loan secured directly or collaterally by a first trust deed or a bona fide loan secured directly or collaterally by a lien junior thereto, specified in Section 10245 of the Business and Professions Code.