California Statutes
§ 7505. — 7505. (Amended by Stats. 1987, Ch. 730, Sec. 15.)
California § 7505.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 6.CHAPTER 6. Investment Operations
Art. 6.ARTICLE 6. Real Estate Loans
This text of California § 7505. (7505. (Amended by Stats. 1987, Ch. 730, Sec. 15.)) 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 § 7505. (2026).
Text
(a)Notwithstanding any other provision of law, an association may originate, invest in, sell, purchase, service, participate, or otherwise deal in loans (including construction loans) on the security of real property for primarily residential (other than a one- to four-unit dwelling) or nonresidential use, subject to the limitations of this article.
(b)An association’s aggregate investment in real property loans for primarily nonresidential use under this section shall not exceed 40 percent of assets.
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Legislative History
Amended by Stats. 1987, Ch. 730, Sec. 15.
Nearby Sections
2
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California § 7505., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/7505..