Exemption From California Lender Licensing Law for Single Loan About to Expire | Manatt, Phelps & Phillips, LLP

Emily Parkin

An exemption from the California lender licensing law for a person making a single commercial-purpose loan in a rolling 12-month period is about to “sunset” in California, impacting persons who have relied upon the exemption, including when structuring transactions through special-purpose vehicles (SPVs). What Happened As lenders likely are aware, […]