Statute · California Financial Code

Cal. Fin. Code § 18061 — Advertising

Cal. Fin. Code § 18061

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1999-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

If an industrial loan company refers in any advertisement to rates of charge, discount, charges or costs of loans, those charges shall be stated fully and clearly in a manner as may be necessary to prevent misunderstanding thereof by prospective borrowers and to give adequate information to…

Citator

Cal. Fin. Code § 18061 — Advertising is in force in the current edition of the Code, and nothing recorded condemns it.

If an industrial loan company refers in any advertisement to rates of charge, discount, charges or costs of loans, those charges shall be stated fully and clearly in a manner as may be necessary to prevent misunderstanding thereof by prospective borrowers and to give adequate information to prospective borrowers. If the rates or costs advertised do not apply to loans of all classes, this fact shall be clearly indicated in the advertisement.