California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 6 — Works of Improvement, Title 1 — Works of Improvement Generally, Chapter 1 — General Provisions, Article 1 — Definitions, Section 8006
“Construction lender” means either of the following:
(a) A mortgagee or beneficiary under a deed of trust lending funds with which the cost of all or part of a work of improvement is to be paid, or the assignee or successor in interest of the mortgagee or beneficiary.
(b) An escrow holder or other person holding funds provided by an owner, lender, or another person as a fund for with which the cost of all or part of a work of improvement is to be paid.
Notes
Defines “construction lender” as a mortgagee or deed-of-trust beneficiary lending funds to pay all or part of a work of improvement, including an assignee or successor, or as an escrow holder or other person holding owner-, lender-, or other-provided funds to pay all or part of that work.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 8006 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-6/title-1/chapter-1/article-1/section-8006