GroundRules
BPC § 10245
Where this section sits in the code
- Business and Professions Code - BPC
- DIVISION 4. REAL ESTATE [10000. - 11506.]
- PART 1. LICENSING OF PERSONS [10000. - 10580.]
- CHAPTER 3. Real Estate Regulations [10130. - 10249.93.]
- ARTICLE 7. Real Property Loans [10240. - 10248.3.]
The provisions of this article, exclusive of the provisions of Sections 10240, 10240.3, 10242.5, and 10242.6, do not apply to any bona fide loan secured directly or collaterally by a first trust deed, the principal of which is thirty thousand dollars ($30,000) or more, or to any bona fide loan secured directly or collaterally by any lien junior thereto, the principal of which is twenty thousand dollars ($20,000) or more.
Collected 2026-09-14T05:56:33Z. Source file · JSON