Statute · California Financial Code
Cal. Fin. Code § 22164 — Regulations
Cal. Fin. Code § 22164
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2017-10-04
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) If any person engaged in the business regulated by this division refers in any advertising to rates of interest, charges, or cost of loans or assessment contracts, the commissioner shall require that the rates, charges, or costs are stated fully and clearly in the manner that he or she deems…
Citator
Cal. Fin. Code § 22164 — Regulations is in force in the current edition of the Code, and nothing recorded condemns it.
(a) If any person engaged in the business regulated by this division refers in any advertising to rates of interest, charges, or cost of loans or assessment contracts, the commissioner shall require that the rates, charges, or costs are stated fully and clearly in the manner that he or she deems necessary to give adequate information to prospective borrowers or property owners. If the rates or costs advertised do not apply to loans or assessment contracts of all classes made or negotiated by the person, this fact shall be clearly indicated in the advertisement.
(b) This section shall become operative on January 1, 2019.