{"code":"FIN","codeName":"Financial Code","section":"22057","citation":"Fin. Code, § 22057","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. CALIFORNIA FINANCING LAW [22000. - 22780.1.]","url":"https://blackletter.si/financial-code/division-9"},{"name":"CHAPTER 1. General Provisions [22000. - 22172.]","url":"https://blackletter.si/financial-code/division-9/chapter-1"},{"name":"ARTICLE 2. Exemptions [22050. - 22068.]","url":"https://blackletter.si/financial-code/division-9/chapter-1/article-2"}],"history":"Added by Stats. 1994, Ch. 1115, Sec. 2.   Effective January 1, 1995.   Operative July 1, 1995, by Sec. 5 of Ch. 1115.","effective":"1995-01-01","html":"<p>This division does not apply to any loan that is made or arranged by any person licensed as a real estate broker by the state and secured by a lien on real property, or to any licensed real estate broker when making such a loan. A licensed real estate broker may make a loan secured by a lien on real property for sale to a finance lender or arrange for a loan secured by a lien on real property to be made by a finance lender without obtaining a license under this division.</p>","text":"This division does not apply to any loan that is made or arranged by any person licensed as a real estate broker by the state and secured by a lien on real property, or to any licensed real estate broker when making such a loan. A licensed real estate broker may make a loan secured by a lien on real property for sale to a finance lender or arrange for a loan secured by a lien on real property to be made by a finance lender without obtaining a license under this division.","otherVersions":[],"url":"https://blackletter.si/financial-code/exemptions-22057","source":"California Legislative Information bulk export (pubinfo)"}