GroundRules
FIN § 7451
Where this section sits in the code
- Financial Code - FIN
- DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]
- CHAPTER 6. Investment Operations [7200. - 7800.]
- ARTICLE 5. Investment in Loans [7450. - 7462.]
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.
Collected 2026-09-14T05:56:33Z. Source file · JSON