California Civil Code Section 1917.610

CA Civ Code § 1917.610 (2017)  

The relationship of the borrower and the lender of a shared appreciation loan for seniors is that of debtor and creditor and shall not be, or be construed to be, a joint venture, an equity venture, a partnership, or other relationship.

(Added by Stats. 1984, Ch. 1701, Sec. 1.)

Last modified: October 8, 2018