California § 10245. 10245. (Amended by Stats. 2007, Ch. 301, Sec. 4.)

California Statutes

§ 10245. — 10245. (Amended by Stats. 2007, Ch. 301, Sec. 4.)

California § 10245.

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 § 10245. (10245. (Amended by Stats. 2007, Ch. 301, Sec. 4.)) 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 § 10245. (2026).

Text

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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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.

Legislative History

Amended by Stats. 2007, Ch. 301, Sec. 4. Effective January 1, 2008.

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California § 10245., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/BPC/10245..