Statute · California Financial Code
Cal. Fin. Code § 7451 — Investment in Loans
Cal. Fin. Code § 7451
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Except as otherwise provided by the commissioner, an association shall not make or acquire total loans with respect to one borrower or on one project in an amount exceeding 25 percent of the net worth of the association. As used in this section, “one borrower” has the meaning defined in Section…
Citator
Cal. Fin. Code § 7451 — Investment in Loans is in force in the current edition of the Code, and nothing recorded condemns it.
Except as otherwise provided by the commissioner, an association shall not make or acquire total loans with respect to one borrower or on one project in an amount exceeding 25 percent of the net worth of the association. As used in this section, “one borrower” has the meaning defined in Section 7453.