Cal. Health and Safety Code § 51401
Cal. Health and Safety Code § 51401
California · California Health and Safety Code · Status: effective · Effective 1988-09-12
Cite this
- Citation
- Cal. Health and Safety Code § 51401, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/869907
- Permanent ID
ys:prov:869907@1- SHA-256
bff4038e26e6891e7473f156ea578752df3326594f9df82512418be39b2c7971
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Notwithstanding any other provision of this division, as used in this chapter:
(a) “Mortgage loan” means any residential mortgage loan or multifamily rental housing loan.
(b) “Multifamily rental housing” means any existing structure of more than four dwelling units or any work or undertaking of more than four units of new construction, improvement, or rehabilitation for the provision of housing.
(c) “Multifamily rental housing loan” means a mortgage loan secured by a mortgage on multifamily rental housing.
(d) “Residence” means any existing structure of one to four dwelling units or any work or undertaking of one to four dwelling units of new construction, improvement, or rehabilitation for the provision of housing.
(e) “Residential mortgage loan” means a mortgage loan secured by a mortgage on a residence.
(f) “Taxable securities” means securities bearing interest that is otherwise taxable under the personal income tax provisions of federal tax law and which are issued to finance the purchase or making of mortgage loans pursuant to this chapter.