Home Table of Contents

§ 40.1004. Appraisal of Real Property.

10 CA ADC § 40.1004Barclays 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 10. Appraisals
10 CCR § 40.1004
§ 40.1004. Appraisal of Real Property.
An industrial loan company shall obtain an appraisal of real property offered as security for a loan in accordance with a written appraisal policy approved by the board of directors.

Credits

Note: Authority cited: Section 18347, Financial Code. Reference: Sections 18216 and 18266, Financial Code.
History
1. Change without regulatory effect renumbering former section 1213.1 to new section 40.1004 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, § 40.1004, 10 CA ADC § 40.1004
End of Document