Statute · California Financial Code
Cal. Fin. Code § 12316 — Licensee Regulations
Cal. Fin. Code § 12316
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If a prorater contracts for, receives or makes any charge in excess of the maximum permitted by this division, except as the result of an accidental and bona fide error, the prorater’s contract with the debtor shall be void and the prorater shall return to the debtor all charges received from…
Citator
Cal. Fin. Code § 12316 — Licensee Regulations is in force in the current edition of the Code, and nothing recorded condemns it.
If a prorater contracts for, receives or makes any charge in excess of the maximum permitted by this division, except as the result of an accidental and bona fide error, the prorater’s contract with the debtor shall be void and the prorater shall return to the debtor all charges received from the debtor.