California · Military and Veterans Code - MVC
MVC §801: For purposes of this chapter, “mortgage” means an obligation secured by a mortgage or deed of trust, and is limited to an obligation secured by a mortgage or deed of trust for residential property own
What this law says, in plain English
This statute defines 'mortgage' as a debt obligation secured by a mortgage or deed of trust on residential property.
Read the full statutory text
For purposes of this chapter, “mortgage” means an obligation secured by a mortgage or deed of trust, and is limited to an obligation secured by a mortgage or deed of trust for residential property owned by the reservist and used as that reservist’s primary place of residence on the date the reservist was ordered into active duty.
Verify at the official source: California legislative text
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