We granted an alternative writ of mandate in the present case to reconsider a line of California authority upholding prepayment fees on secured real property loans against the challenge such penalties are unreasonable restraints on alienation in light of the California Supreme Court's decision in Wellenkamp v. Bank of America (1978)
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SACRAMENTO SAV. & LOAN ASSN. v. SUPERIOR COURT
Docket No. 21604.
137 Cal.App.3d 142 (1982)
186 Cal. Rptr. 823
SACRAMENTO SAVINGS AND LOAN ASSOCIATION, Petitioner, v. THE SUPERIOR COURT OF SACRAMENTO COUNTY, Respondent; WILLIAM H. MACLAUGHLIN, JR., et al., Real Parties in Interest.
Court of Appeals of California, Third District.https://leagle.com/images/logo.png
November 1, 1982.
November 1, 1982.
Attorney(s) appearing for the Case
Hefner, Stark & Marois, Archie Hefner and Judy R. Campos for Petitioner.
No appearance for Respondent.
Fred Crane and Alan L. Green for Real Parties in Interest.
Court of Appeals of California, Third District.
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