Health and Safety Code § 50063
‹ § 50062.5§ 50063.5 ›Open in browserleginfo ↗50063.
“Construction loan” means a short-term loan secured by real property, made for development costs incurred in construction or rehabilitation of a housing development or residential structure.
(Amended by Stats. 1982, Ch. 312, Sec. 4. Effective June 28, 1982.)