Financial Code section 7501

Each real estate loan shall be evidenced by a note or instrument of obligation for the amount of the loan. The note or instrument shall specify the amount and terms of repayment including any penalty or charge for late payment, and may contain all other terms of the loan contract.

Source: Section 7501, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=7501. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 7501’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_7501

Original Source: Section 7501, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=7501. (last accessed Apr. 24, 2025).