California § 10241.2. 10241.2. (Added by Stats. 1982, Ch. 886, Sec. 6.)

California Statutes

§ 10241.2. — 10241.2. (Added by Stats. 1982, Ch. 886, Sec. 6.)

California § 10241.2.

JurisdictionCalifornia

Code BPCBusiness and Professions Code - BPC

Div. 4.DIVISION 4. REAL ESTATE

Part 1.PART 1. LICENSING OF PERSONS

Ch. 3.CHAPTER 3. Real Estate Regulations

Art. 7.ARTICLE 7. Real Property Loans

This text of California § 10241.2. (10241.2. (Added by Stats. 1982, Ch. 886, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 10241.2. (2026).

Text

If the broker elects to make a loan subject to Section 10240 which consists wholly or in part of broker-controlled funds as defined in subdivision (j) of Section 10241, the broker shall advise the borrower of that fact not later than the next business day after making the election, but in any event before the close of escrow of the loan transaction.

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