California Health and Safety Code Section 50063

CA Health & Safety Code § 50063 (2017)  

“Construction loan” means a short-term loan secured by real property, made for development costs incurred in construction or rehabilitation of a housing development or residential structure.

(Amended by Stats. 1982, Ch. 312, Sec. 4. Effective June 28, 1982.)

Last modified: October 25, 2018