2011 California Code
Civil Code
DIVISION 3. OBLIGATIONS [1427 - 3272.9]
ARTICLE 2. Mortgage of Real Property
Section 2953.5
(a) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which expressly states that the subordinating loan shall exceed twenty-five thousand dollars ($25,000).
(b) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which is executed in connection with a loan which exceeds twenty-five thousand dollars ($25,000).
(Added by Stats. 1963, Ch. 1861.)
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