Statute · California Financial Code

Cal. Fin. Code § 18009 — Definitions

Cal. Fin. Code § 18009

Type
Statute
Source
California Financial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

“Principal amount”, as used in this division, means the net amount of money, credit, goods, or things in action received by the debtor or borrower or disbursed on the borrower’s instructions at the time of entering into the transaction.

Citator

Cal. Fin. Code § 18009 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Principal amount”, as used in this division, means the net amount of money, credit, goods, or things in action received by the debtor or borrower or disbursed on the borrower’s instructions at the time of entering into the transaction.