California Statutes
§ 10245. — 10245. (Amended by Stats. 2007, Ch. 301, Sec. 4.)
California·Code BPC Business 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
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.
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California § 10245. (10245. (Amended by Stats. 2007, Ch. 301, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2007, Ch. 301, Sec. 4. Effective January 1, 2008.