Statute · California Financial Code
Cal. Fin. Code § 18245 — Credit Cards
Cal. Fin. Code § 18245
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Subject to any regulations that the commissioner may issue, an industrial loan company may issue credit cards and may acquire or hold obligations resulting from the use of credit cards.
Citator
Cal. Fin. Code § 18245 — Credit Cards is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Subject to any regulations that the commissioner may issue, an industrial loan company may issue credit cards and may acquire or hold obligations resulting from the use of credit cards.
(b) Except as the commissioner may otherwise provide by regulation or order, the acquiring and holding of obligations pursuant to subdivision (a) are not subject to Article 2 (commencing with Section 18205) or Article 6.5 (commencing with Section 18300).