California Health and Safety Code Section 53111

CA Health & Safety Code § 53111 (2017)  

Any purchases of loans made by the corporation pursuant to the provisions of this part, for value, in good faith and without actual and written notice of any adverse claims against the loans, shall place the corporation in the status of holder-in-due course of the loans.

(Added by Stats. 1981, Ch. 1033.)

Last modified: October 25, 2018