{"code":"HSC","codeName":"Health and Safety Code","section":"51481","citation":"Health & Saf. Code, § 51481","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","url":"https://blackletter.si/health-and-safety-code/division-31"},{"name":"PART 3. CALIFORNIA HOUSING FINANCE AGENCY [50900. - 51532.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-3"},{"name":"CHAPTER 10. Multifamily Housing [51475. - 51484.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-3/chapter-10"}],"history":"Added by Stats. 1990, Ch. 577, Sec. 1.   Effective September 5, 1990.","effective":"1990-09-05","html":"<p>Mortgages made by the agency under authority of this chapter shall be secured by a first deed of trust, or by a deed of trust junior to a first deed of trust if it is necessary to accomplish the purposes of this chapter. Except as otherwise specified in this chapter, the principal amount of, and the conditions of mortgage loans, shall be determined by the board.</p>","text":"Mortgages made by the agency under authority of this chapter shall be secured by a first deed of trust, or by a deed of trust junior to a first deed of trust if it is necessary to accomplish the purposes of this chapter. Except as otherwise specified in this chapter, the principal amount of, and the conditions of mortgage loans, shall be determined by the board.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/multifamily-housing-51481","source":"California Legislative Information bulk export (pubinfo)"}