California Statutes
§ 1917.074. — 1917.074. (Repealed and added by Stats. 1982, Ch. 466, Sec. 11.)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. 7. ARTICLE 7. Notices and Disclosures
Each deed of trust and evidence of debt executed in connection with a shared appreciation loan shall contain a statement, printed or written in a size equal to at least 12-point bold type, consisting of substantially the following language: “THIS IS A [DURATION] SHARED APPRECIATION LOAN. THE LENDER'S INTEREST INCLUDES ONE-THIRD OF THE NET APPRECIATED VALUE OF THE PROPERTY. FOR FURTHER INFORMATION, READ THE FLYER "INFORMATION ABOUT THE [NAME OF LENDER] SHARED APPRECIATION LOAN.'
" The notice required by this section shall be completed to state the term of the shared appreciation
loan.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 1917.074. (1917.074. (Repealed and added by Stats. 1982, Ch. 466, Sec. 11.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 1982, Ch. 466, Sec. 11. Inoperative January 1, 1990, by Stats. 1982, Ch. 466, Sec. 11.5.