Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 20.: DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT/Ch. 9.: CHAPTER 9. Brokerage Services for Borrowers/§ 50703.
California Statutes

§ 50703. — 50703. (Added by Stats. 1996, Ch. 19, Sec. 1.)

California § 50703.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 20.DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT
Ch. 9.CHAPTER 9. Brokerage Services for Borrowers

This text of California § 50703. (50703. (Added by Stats. 1996, Ch. 19, Sec. 1.)) 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.

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Cal. Financial Code - FIN Code § 50703. (2026).

Text

Notwithstanding Section 10248.3 of the Business and Professions Code, the provisions of Article 7 (commencing with Section 10240) of Chapter 3 of Part 1 of Division 4 of the Business and Professions Code shall apply to a residential mortgage loan arranged by a licensee pursuant to this chapter, unless that loan exceeds the principal loan amount specified for a bona fide loan secured directly or collaterally by a first trust deed or a bona fide loan secured directly or collaterally by a lien junior thereto, specified in Section 10245 of the Business and Professions Code.

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Legislative History

Added by Stats. 1996, Ch. 19, Sec. 1. Effective March 20, 1996.
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California § 50703., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/50703..