Statute · California Financial Code

Cal. Fin. Code § 18205 — Terms and Maximum Charges

Cal. Fin. Code § 18205

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

Except as otherwise provided for in this division, an industrial loan company shall not make any loan or purchase or discount any other obligation that provides for a repayment of principal over more than 120 months and 30 days.

Citator

Cal. Fin. Code § 18205 — Terms and Maximum Charges is in force in the current edition of the Code, and nothing recorded condemns it.

Except as otherwise provided for in this division, an industrial loan company shall not make any loan or purchase or discount any other obligation that provides for a repayment of principal over more than 120 months and 30 days.