DecisionDepot
California legal research

California Financial Code

§ 1495

FIN § 1495 Effective Jan 1, 2014Div. 1.1 · Ch. 14 · Art. 3

Statute text

View on leginfo.ca.gov
(a)A commercial bank may make amortized loans upon the security of residential real property to finance the purchase and installation of material or equipment designed to promote energy conservation or the efficient use of energy in the residential real property securing the loan, if all of the following apply:
(1)The residential real property securing the loan consists of not more than four dwelling units.
(2)The loan is made in connection with a concurrent loan authorized under Section 1486.
…

Legislative history

Amended by Stats. 2013, Ch. 334, Sec. 39. (SB 537) Effective January 1, 2014.

Source: California Financial Code § 1495 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.