“Loan,” for purposes of provisions relating to the agency, means an obligation to repay funds advanced by the agency for the purpose of financing housing that is evidenced by a promissory note or other instrument in writing and that may or may not be secured by real or personal property.
(Added by Stats. 2000, Ch. 553, Sec. 1. Effective January 1, 2001.)
Last modified: October 25, 2018