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HomeBusiness and Professions CodeGENERAL PROVISIONS§ 10 Multilender Notes Interest Sales

§ 10 Multilender Notes Interest Sales

Business and Professions Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 10 Multilender Notes Interest Sales

Key Takeaways

  • •This law is about keeping track of how many investments are sold to people.
  • •It applies to something called 'multilender’s notes'—think of it like a group of people lending money together.
  • •The blank space means the exact number of investments sold needs to be filled in.

Example

Imagine a group of friends pooling money to lend to someone starting a small business.

This law says they need to write down exactly how many people are part of this lending group. If they don’t, it might cause problems later.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 10 Multilender Notes Interest Sales

Total number of interests sold to investors on the   multilender’s notes:   ______

Last verified: January 22, 2026

Key Terms

interests sold to investorsmultilender’s notes

Related Statutes

  • § 10237 Real Property Secured Notes Exemption
  • § 10238 Mortgage Loan Notice Filing
  • § 10239 Commissioner Jurisdiction Preservation
  • § 10239.1 Broker Fiduciary Duty Limits
  • § 10239.2 Broker Affiliate Servicing Definitions

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Business and Professions Code. Section 10.
View Official Source