{"code":"FIN","codeName":"Financial Code","section":"22317.5","citation":"Fin. Code, § 22317.5","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 2. Consumer Loans [22200. - 22470.]","url":"https://blackletter.si/financial-code/division-9/chapter-2"},{"name":"ARTICLE 3. Loan Regulations [22300. - 22347.]","url":"https://blackletter.si/financial-code/division-9/chapter-2/article-3"}],"history":"Added by Stats. 2004, Ch. 940, Sec. 4.   Effective January 1, 2005.","effective":"2005-01-01","html":"<p>On any loan secured by real property, a licensee may not do either of the following:</p><p>(a) Fail to disburse funds in accordance with a commitment to make a loan that is accepted by the applicant.</p><p>(b) Intentionally delay the closing of a loan for the sole purpose of increasing interest, costs, fees, or charges payable by the borrower.</p>","text":"On any loan secured by real property, a licensee may not do either of the following: (a) Fail to disburse funds in accordance with a commitment to make a loan that is accepted by the applicant. (b) Intentionally delay the closing of a loan for the sole purpose of increasing interest, costs, fees, or charges payable by the borrower.","otherVersions":[],"url":"https://blackletter.si/financial-code/loan-regulations-22317-5","source":"California Legislative Information bulk export (pubinfo)"}