Financial Code § 7506

ARTICLE 6. Real Estate Loans

Current as of September 28, 2026Fin. Code, § 7506Official source ↗

Added by Stats. 1983, Ch. 1176, Sec. 9.

Notwithstanding any other provision of the law, an association may make a loan secured by an assignment of a loan or loans to the extent that it could, under applicable law and regulations, make or purchase the underlying assigned loan or loans.