California Financial Code

§ 22161

FIN § 22161 Effective Oct 4, 2017Div. 9 · Ch. 1 · Art. 4

Statute text

(a)A person subject to this division shall not do any of the following:

(1)Make a materially false or misleading statement or representation to a borrower about the terms or conditions of that borrower’s loan, when making or brokering the loan.

(2)Make a materially false or misleading statement or representation to a property owner about the terms or conditions of an assessment contract.

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Legislative history

Repealed (in Sec. 57) and added by Stats. 2017, Ch. 475, Sec. 58. (AB 1284) Effective October 4, 2017. Section operative January 1, 2019, by its own provisions.