BlackletterCalifornia law

Financial Code § 7451

ARTICLE 5. Investment in Loans

Current as of September 28, 2026Fin. Code, § 7451Official source ↗

Amended by Stats. 1990, Ch. 1118, Sec. 42.

Except as otherwise provided by the commissioner, an association shall not make or acquire total loans with respect to one borrower or on one project in an amount exceeding 25 percent of the net worth of the association. As used in this section, “one borrower” has the meaning defined in Section 7453.