1917.164. A shared appreciation loan shall not be subject to any provision of this code or the Financial Code which limits the interest rate or change of interest rate of variable interest rate or renegotiable interest instruments, or which requires particular language or provisions in security instruments securing variable or renegotiable rate obligations or in evidences of those debts.
This section is declaratory of existing law.
(Repealed and added by Stats. 1982, Ch. 466, Sec. 12. Inoperative January 1, 1987, by Stats. 1982, Ch. 466, Sec. 12.5.)Section: Previous 1917.160 1917.161 1917.162 1917.163 1917.164 1917.165 1917.166 1917.167 1917.168 Next
Last modified: September 9, 2016