Statute · California Financial Code

Cal. Fin. Code § 7506 — Real Estate Loans

Cal. Fin. Code § 7506

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

Notwithstanding any other provision of the law, an association may make a loan secured by an assignment of a loan or loans to the extent that it could, under applicable law and regulations, make or purchase the underlying assigned loan or loans.

Citator

Cal. Fin. Code § 7506 — Real Estate Loans is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of the law, an association may make a loan secured by an assignment of a loan or loans to the extent that it could, under applicable law and regulations, make or purchase the underlying assigned loan or loans.