California Financial Code

§ 7501

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 7501Div. 2 · Ch. 6 · Art. 6

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1983, Ch. 1091, Sec. 2.