For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

ENCUMBRANCE ON PROPERTY

Los Angeles Administrative Code div. 7, ch. 1, art. 11
in effect

Los Angeles Administrative Code § 7.67 Property May Not Be Mortgaged.

Sec. 7.67. Property May Not Be Mortgaged. The City shall have no power to mortgage its property for any purpose, but may buy property subject to mortgage. SECTION HISTORY Based on Charter Sec. 3(2).
Source: City of Los Angeles, Charter and Codes (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/los_angeles/latest/laac/0-0-0-32641Fetched: 10/24/2026

Starting a business in California? California LLC guide: costs and requirements