Statute · California Financial Code

Cal. Fin. Code § 21051 — Exceptions to This Division

Cal. Fin. Code § 21051

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

(a) The limitations with respect to rates and charges set forth in Sections 21200 and 21200.5 do not apply to any loan of a bona fide principal amount of two thousand five hundred dollars ($2,500) or more if this section is not used for the purpose of evading this division.

Citator

Cal. Fin. Code § 21051 — Exceptions to This Division is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The limitations with respect to rates and charges set forth in Sections 21200 and 21200.5 do not apply to any loan of a bona fide principal amount of two thousand five hundred dollars ($2,500) or more if this section is not used for the purpose of evading this division.

(b) In determining whether a loan is a loan of the principal amount of two thousand five hundred dollars ($2,500), Section 22054 shall apply.