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2019 California Code
Financial Code - FIN
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 6 - Investment Operations
ARTICLE 6 - Real Estate Loans
Section 7506.
Universal Citation: CA Fin Code § 7506 (2019)
7506.
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.
(Added by Stats. 1983, Ch. 1176, Sec. 9.)
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