Ca_Law

statute | California

Financial Code - FIN - FIN § 22317.5

  • UIDca_leginfo_codes:fin-22317-5
  • CitationFinancial Code - FIN - FIN § 22317.5
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

On any loan secured by real property, a licensee may not do either of the following: (a) Fail to disburse funds in accordance with a commitment to make a loan that is accepted by the applicant. (b) Intentionally delay the closing of a loan for the sole purpose of increasing inter

Text

On any loan secured by real property, a licensee may not do either of the following:
(a)
Fail to disburse funds in accordance with a commitment to make a loan that is accepted by the applicant.
(b)
Intentionally delay the closing of a loan for the sole purpose of increasing interest, costs, fees, or charges payable by the borrower.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 22317.5

    On any loan secured by real property, a licensee may not do either of the following: (a) Fail to disburse funds in accordance with a commitment to make a loan that is accepted by the applicant. (b) Intentionally delay the closing of a loan for the sole purpose of increasing interest, costs, fees, or charges payabl…