statute | California
Civil Code - CIV - CIV § 2953.5
Summary
(a) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which expressly states that the subordinating loan shall exceed twenty-five thousand dollars ($25,000). (b) Sections 2953.1 through 2953.4 shall not apply to any subordinatio
Text
(a) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which expressly states that the subordinating loan shall exceed twenty-five thousand dollars ($25,000). (b) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which is executed in connection with a loan which exceeds twenty-five thousand dollars ($25,000).
Retrieval chunks
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#1 | Civil Code - CIV - CIV § 2953.5
(a) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which expressly states that the subordinating loan shall exceed twenty-five thousand dollars ($25,000). (b) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement …