Statute · California Financial Code

Cal. Fin. Code § 22451 — Open-End Loan Programs

Cal. Fin. Code § 22451

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1995-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

If an open-end credit program is not primarily for the purpose of purchasing or leasing goods or services from the licensee, then all credit extended through use of the program, including transactions that involve the purchase or lease of goods or services from the licensee, shall be subject to…

Citator

Cal. Fin. Code § 22451 — Open-End Loan Programs is in force in the current edition of the Code, and nothing recorded condemns it.

If an open-end credit program is not primarily for the purpose of purchasing or leasing goods or services from the licensee, then all credit extended through use of the program, including transactions that involve the purchase or lease of goods or services from the licensee, shall be subject to this division.