Statute · California Financial Code

Cal. Fin. Code § 18439 — Prohibited Practices and Penalties

Cal. Fin. Code § 18439

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

If any amount in excess of the charges permitted by this division, including interest, is charged, contracted for, or received in the making or collection of a contract of loan, except as a result of an accidental and bona fide error in computation, such contract is void and no person has any…

Citator

Cal. Fin. Code § 18439 — Prohibited Practices and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.

If any amount in excess of the charges permitted by this division, including interest, is charged, contracted for, or received in the making or collection of a contract of loan, except as a result of an accidental and bona fide error in computation, such contract is void and no person has any right to collect or receive the principal, interest, or charges.