Statute · California Financial Code

Cal. Fin. Code § 22307.5 — Loan Regulations

Cal. Fin. Code § 22307.5

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2020-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

A licensee shall not charge, impose, or receive any penalty for the prepayment of a loan. This section does not apply to a loan secured by real property.

Citator

Cal. Fin. Code § 22307.5 — Loan Regulations is in force in the current edition of the Code, and nothing recorded condemns it.

A licensee shall not charge, impose, or receive any penalty for the prepayment of a loan. This section does not apply to a loan secured by real property.