Cal. Bus. & Prof. Code § 10245

Current through the 2024 Legislative Session.
Section 10245 - Applicability to bona fide secured by first trust deed

The provisions of this article, exclusive of the provisions of Sections 10240, 10240.3, 10242.5, and 10242.6, do not apply to any bona fide loan secured directly or collaterally by a first trust deed, the principal of which is thirty thousand dollars ($30,000) or more, or to any bona fide loan secured directly or collaterally by any lien junior thereto, the principal of which is twenty thousand dollars ($20,000) or more.

Ca. Bus. and Prof'l. Code § 10245

Amended by Stats 2007 ch 301 (SB 385),s 4, eff. 1/1/2008.