Statute · California Financial Code

Cal. Fin. Code § 18219 — Terms and Maximum Charges

Cal. Fin. Code § 18219

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

An industrial loan company shall not induce or permit any borrower to split up or divide any loan and thereby contract for or receive a higher rate of charge than would otherwise be permitted by this division.

Citator

Cal. Fin. Code § 18219 — Terms and Maximum Charges is in force in the current edition of the Code, and nothing recorded condemns it.

An industrial loan company shall not induce or permit any borrower to split up or divide any loan and thereby contract for or receive a higher rate of charge than would otherwise be permitted by this division.