California Civil Code
§ 2953.5
CIV § 2953.5Div. 3 · Title 14 · Part 4 · Ch. 2 · Art. 2
Statute text
View on leginfo.ca.gov(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).
Legislative history
Added by Stats. 1963, Ch. 1861.