Section 17350.
17350. With respect to contracts entered into on or after the effective date of this chapter, no financial institution shall enter into a contract which provides for reassignment. (Added by Stats. 1979, Ch. 819.)
17350. With respect to contracts entered into on or after the effective date of this chapter, no financial institution shall enter into a contract which provides for reassignment. (Added by Stats. 1979, Ch. 819.)
17351. For the purposes of this chapter: (a) “Financial institution” means a bank, savings and loan association, or credit union chartered under the laws of this state or the United States or any other person or organization making loans upon the security of real property. (b) “Reassignment” means the exercise of a contractual right of a financial […]