Statute · California Health and Safety Code

Cal. Health & Safety Code § 51150 — Loans to Qualified Mortgage Lenders

Cal. Health & Safety Code § 51150

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

The agency may make loans to qualified mortgage lenders under terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the purpose of making construction loans and mortgage loans for the purpose of financing housing developments and residential structures.

Citator

Cal. Health & Safety Code § 51150 — Loans to Qualified Mortgage Lenders is in force in the current edition of the Code, and nothing recorded condemns it.

The agency may make loans to qualified mortgage lenders under terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the purpose of making construction loans and mortgage loans for the purpose of financing housing developments and residential structures.