Statute · California Financial Code
Cal. Fin. Code § 18222 — Terms and Maximum Charges
Cal. Fin. Code § 18222
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An industrial loan company shall permit payment to be made in advance in any amount on any contract of loan at any time. The industrial loan company shall apply such payment first to all charges due up to the date of such payment and the remainder to the loan balance.
Citator
Cal. Fin. Code § 18222 — Terms and Maximum Charges is in force in the current edition of the Code, and nothing recorded condemns it.
An industrial loan company shall permit payment to be made in advance in any amount on any contract of loan at any time. The industrial loan company shall apply such payment first to all charges due up to the date of such payment and the remainder to the loan balance.