California § 51401 - Notwithstanding any other provision of this division, as used in this chapter: (a

Full text of California Public Contract Code - PCC § 51401 — Notwithstanding any other provision of this division, as used in this chapter: (a, with citation guidance and answers to common questions.

§ 51401. Notwithstanding any other provision of this division, as used in this chapter: (a

Notwithstanding any other provision of this division, as used in this chapter: (a) “Mortgage loan” means any residential mortgage loan or multifamily rental housing loan. (b) “Multifamily rental housing” means any existing structure of more than four dwelling units or any work or undertaking of more than four units of new construction, improvement, or rehabilitation for the provision of housing. (c) “Multifamily rental housing loan” means a mortgage loan secured by a mortgage on multifamily rental housing. (d) “Residence” means any existing structure of one to four dwelling units or any work or undertaking of one to four dwelling units of new construction, improvement, or rehabilitation for the provision of housing. (e) “Residential mortgage loan” means a mortgage loan secured by a mortgage on a residence. (f) “Taxable securities” means securities bearing interest that is otherwise taxable under the personal income tax provisions of federal tax law and which are issued to finance the purchase or making of mortgage loans pursuant to this chapter.

Source: official California text · Last verified 2026-08-27

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Frequently Asked Questions About California § 51401

What does Public Contract Code - PCC § 51401 cover?

Section 51401 ("Notwithstanding any other provision of this division, as used in this chapter: (a") 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 § 51401?

A common citation format is "Public Contract Code - PCC § 51401" (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 § 51401 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.