California § 51150 - The agency may make loans to qualified mortgage lenders under terms and condition
Full text of California Public Contract Code - PCC § 51150 — The agency may make loans to qualified mortgage lenders under terms and condition, with citation guidance and answers to common questions.
§ 51150. The agency may make loans to qualified mortgage lenders under terms and condition
The agency may make loans to qualified mortgage lenders under terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the purpose of making construction loans and mortgage loans for the purpose of financing housing developments and residential structures.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 51150
What does Public Contract Code - PCC § 51150 cover?
Section 51150 ("The agency may make loans to qualified mortgage lenders under terms and condition") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 51150?
A common citation format is "Public Contract Code - PCC § 51150" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 51150 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.