GroundRules
HSC § 50960
Where this section sits in the code
- Health and Safety Code - HSC
- DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]
- PART 3. CALIFORNIA HOUSING FINANCE AGENCY [50900. - 51532.]
- CHAPTER 2. Purposes and General Provisions [50950. - 50962.]
A loan document for a loan that is not secured by real property and is made to a person, not including a firm, association, partnership, organization, corporation, limited liability company, or other group, however formed, shall state that the loan is a recourse obligation and that the personal property of the borrower may be subject to or sold pursuant to a lien in order to pay the obligation.
Collected 2026-09-14T05:56:33Z. Source file · JSON