California Statutes
§ 7451. — 7451. (Amended by Stats. 1990, Ch. 1118, Sec. 42.)
California § 7451.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 6.CHAPTER 6. Investment Operations
Art. 5.ARTICLE 5. Investment in Loans
This text of California § 7451. (7451. (Amended by Stats. 1990, Ch. 1118, Sec. 42.)) 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. Financial Code - FIN Code § 7451. (2026).
Text
Except as otherwise provided by the commissioner, an association shall not make or acquire total loans with respect to one borrower or on one project in an amount exceeding 25 percent of the net worth of the association. As used in this section, “one borrower” has the meaning defined in Section 7453.
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Legislative History
Amended by Stats. 1990, Ch. 1118, Sec. 42.
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California § 7451., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/7451..