Statute · California Civil Code
Cal. Civ. Code § 1803.11 — Provisions of Retail Installment Contracts
Cal. Civ. Code § 1803.11
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
It shall be unlawful for any seller to solicit buyers, in any advertisement, to enter into a retail installment contract with it if the seller does not intend to sell that retail installment contract to a financing agency or other assignee, unless the advertisement clearly states the periodic…
Citator
Cal. Civ. Code § 1803.11 — Provisions of Retail Installment Contracts is in force in the current edition of the Code, and nothing recorded condemns it.
It shall be unlawful for any seller to solicit buyers, in any advertisement, to enter into a retail installment contract with it if the seller does not intend to sell that retail installment contract to a financing agency or other assignee, unless the advertisement clearly states the periodic rate or range of periodic rates, expressed as an annual percentage rate or a range of annual percentage rates that will be used to determine the finance charge imposed on the retail installment contract.