Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 17820 — Fixed Term Installment Contracts
Cal. Bus. & Prof. Code § 17820
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2026-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A seller that uses a fixed term installment contract entered into or modified on or after August 1, 2026, shall not charge an early termination fee or any similar fee in an amount greater than 30 percent of the total sum for which the consumer is obligated under the fixed term installment…
Citator
Cal. Bus. & Prof. Code § 17820 — Fixed Term Installment Contracts is in force in the current edition of the Code, and nothing recorded condemns it.
A seller that uses a fixed term installment contract entered into or modified on or after August 1, 2026, shall not charge an early termination fee or any similar fee in an amount greater than 30 percent of the total sum for which the consumer is obligated under the fixed term installment contract, exclusive of the application of the termination fee.