Cal. Civ. Code § 1917.064

Current through the 2023 Legislative Session.

Section 1917.064 - Inapplicability to loans which limit interest rates or change of interest rates for variable, adjustable or renegotiable interest instruments

A shared appreciation loan shall not be subject to any provision of this code or the Financial Code which limits the interest rate or change of interest rate of variable, adjustable, or renegotiable interest instruments, or which requires particular language or provisions in security instruments securing variable, adjustable, or renegotiable rate obligations or in evidences of such debts.

This section is declaratory of existing law.

Ca. Civ. Code § 1917.064

Repealed and added by Stats. 1982, Ch. 466, Sec. 11. Inoperative January 1, 1990, by Stats. 1982, Ch. 466, Sec. 11.5.