California Health and Safety Code
§ 53060
HSC § 53060Div. 31 · Part 7 · Ch. 2
Statute text
View on leginfo.ca.gov“Holder-in-due course,” means the purchaser of a loan or loans from a financial institution that participates in, arranges, or finances a loan pursuant to the provisions of this part, and who takes the loan instrument:
(a)For value;
(b)In good faith; and
…
Legislative history
Added by Stats. 1981, Ch. 1033.