Lenders shall be exempt from the usury provisions of Article XV of the California Constitution with respect to shared appreciation loans made pursuant to this chapter.
This section is declaratory of existing law.
Cal. Civ. Code § 1917.067
General Provisions
Amended by Stats. 1983, Ch. 557, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.