Cal. Civil Code § 1917.068
Cal. Civil Code § 1917.068
California · California Civil Code · Status: effective
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- Citation
- Cal. Civil Code § 1917.068, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/788152
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Full text
The qualification requirements of Sections 25110, 25120, and 25130 of the Corporations Code shall not apply to a shared appreciation loan, provided (1) the loan obligation is evidenced by one promissory note secured by a deed of trust which is not one of a series of notes secured by interests in the same real property and (2) the loan obligation is not evidenced by fractional undivided interests in one promissory note secured by interests in the same real property.