Cal. Financial Code § 7451
Cal. Financial Code § 7451
California · California Financial Code · Status: effective
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- Citation
- Cal. Financial Code § 7451, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/814166
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Full text
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.