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§ 40.619. Reconveyance Fees.

10 CA ADC § 40.619Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 10. Investment
Chapter 1. Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 40. Industrial Loans
Article 6. Loans and Obligations Receivable
10 CCR § 40.619
§ 40.619. Reconveyance Fees.
Currentness
(a) A reconveyance fee shall not be charged in connection with the refinance of a loan secured by real property if the same real property will secure the new loan.
(b) A reconveyance fee charged by an industrial loan company, its parent, or any of its affiliates is a charge as defined in Section 18007 of the Financial Code.

Credits

Note: Authority cited: Section 18347, Financial Code. Reference: Section 18007, Financial Code.
History
1. Change without regulatory effect renumbering former section 1178 to new section 40.619 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 10, § 40.619, 10 CA ADC § 40.619
End of Document