Statute · California Financial Code
Cal. Fin. Code § 18220 — Terms and Maximum Charges
Cal. Fin. Code § 18220
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2017-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An industrial loan company shall not induce any spouses, jointly or severally, to become obligated, directly or contingently or both, under more than one contract of loan at the same time, with the result of obtaining a higher rate of charge than would otherwise be permitted by this division.
Citator
Cal. Fin. Code § 18220 — 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 any spouses, jointly or severally, to become obligated, directly or contingently or both, under more than one contract of loan at the same time, with the result of obtaining a higher rate of charge than would otherwise be permitted by this division.