California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 7. INDUSTRIAL LOAN COMPANIES |
Chapter 3. Loans and Purchased Obligations |
ARTICLE 5. Limitations and Regulations of Loans and Purchased Obligations |
Section 18270.
Latest version.
-
An industrial loan company may require the borrower to sign a contract of pledge, assignment, mortgage, security agreement, deed of trust, or trust receipt relating to real or personal property given by the borrower as security for the repayment of the loan and interest and charges thereon.
(Added by Stats. 1976, Ch. 964.)