Cal. Fin. Code § 22330

Current through the 2024 Legislative Session.
Section 22330 - Taking deed of trust, mortgage or lien upon real property as security for loan

No licensee shall take a deed of trust, mortgage, or lien upon real property as security for any loan made under this division, except any lien as is created by law upon the recording of an abstract of judgment. This section shall not apply to any loan of a bona fide principal amount of five thousand dollars ($5,000) or more as determined in accordance with Section 22251.

Ca. Fin. Code § 22330

EFFECTIVE 1/1/2000. Amended September 7, 1999 (Bill Number: SB 579) (Chapter 347).