Cal. Code Regs. tit. 2 § 561.3
Current through Register 2024 Notice Reg. No. 50, December 13, 2024
At the time of origination, loans shall be available only to qualified members and annuitants for the purchase or refinancing of homes in accordance with the provisions of these regulations.
A member or annuitant shall not be eligible for a second loan under this program while a loan which he or she originated remains outstanding.
Effective January 1, 2002, "officers" as defined herein (Sec. 561.2) shall not be eligible for a home loan under the Member Home Loan Program.
Cal. Code Regs. Tit. 2, § 561.3
2. Amendment adding third paragraph and amendment of NOTE filed 6-20-2002; operative 7-20-2002 (Register 2002, No. 25).
3. Amendment filed 12-21-2010; operative 1-20-2011 (Register 2010, No. 52).
Note: Authority cited: Sections 20120, 20121, 20200 and 20201, Government Code. Reference: Sections 20002, 20021, 20200 and 20201, Government Code.
2. Amendment adding third paragraph and amendment of Note filed 6-20-2002; operative 7-20-2002 (Register 2002, No. 25).
3. Amendment filed 12-21-2010; operative 1-20-2011 (Register 2010, No. 52).