DIVISION 9. CALIFORNIA FINANCING LAW 22000-22780.1›CHAPTER 2. Consumer Loans 22200-22470›ARTICLE 3. Loan Regulations 22300-22347
§ 22330
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
No licensee shall take a deed of trust, mortgage, or lien upon real property as security for any loan made under this division, except any lien as is created by law upon the recording of an abstract of judgment. This section shall not apply to any loan of a bona fide principal amount of five thousand dollars ($5,000) or more as determined in accordance with Section 22251.
(Amended by Stats. 1999, Ch. 347, Sec. 4. Effective January 1, 2000.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code