California § 1917.068. 1917.068. (Repealed and added by Stats. 1982, Ch. 466, Sec. 11.)

California Statutes

§ 1917.068. — 1917.068. (Repealed and added by Stats. 1982, Ch. 466, Sec. 11.)

California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 4.·Part 4. TITLE 4. LOAN·Ch. 4. CHAPTER 4. Shared Appreciation Loans of E.R.I.S.A. Pension Funds·Art. 6. ARTICLE 6. General Provisions

The qualification requirements of Sections 25110, 25120, and 25130 of the Corporations Code shall not apply to a shared appreciation loan, provided (1) the loan obligation is evidenced by one promissory note secured by a deed of trust which is not one of a series of notes secured by interests in the same real property and (2) the loan obligation is not evidenced by fractional undivided interests in one promissory note secured by interests in the same real property.

Free access — add to your briefcase to read the full text and ask questions with AI

The qualification requirements of Sections 25110, 25120, and 25130 of the Corporations Code shall not apply to a shared appreciation loan, provided (1) the loan obligation is evidenced by one promissory note secured by a deed of trust which is not one of a series of notes secured by interests in the same real property and (2) the loan obligation is not evidenced by fractional undivided interests in one promissory note secured by interests in the same real property.

California § 1917.068. (1917.068. (Repealed and added by Stats. 1982, Ch. 466, Sec. 11.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.