Financial Code section 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.

Source: Section 7506, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=7506. (updated Jan. 1, 1983; accessed Jun. 25, 2025).

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Up to date

Verified:
Jun. 25, 2025

§ 7506's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_7506

Original Source: Section 7506, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=7506. (last accessed May 12, 2025).