§ 7506
42 words·~1 min read·
/ca/financial-code/7506A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.