Cal. Fin. Code § 7506

Current through the 2023 Legislative Session.

Section 7506 - Loan secured by assignment of loan

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.

Ca. Fin. Code § 7506

Added by Stats. 1983, Ch. 1176, Sec. 9.