Statute · California Financial Code

Cal. Fin. Code § 22801 — Commercial Financing Disclosures

Cal. Fin. Code § 22801

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2019-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

This division does not apply to any of the following:

Citator

Cal. Fin. Code § 22801 — Commercial Financing Disclosures is in force in the current edition of the Code, and nothing recorded condemns it.

This division does not apply to any of the following:

(a) A provider that is a depository institution.

(b) A provider that is a lender regulated under the federal Farm Credit Act (12 U.S.C. Sec. 2001 et seq.).

(c) A commercial financing transaction secured by real property.

(d) A commercial financing transaction in which the recipient is a dealer, as defined by Section 285 of the Vehicle Code, or an affiliate of such a dealer, or a vehicle rental company, or an affiliate of such a company, pursuant to a specific commercial financing offer or commercial open-end credit plan of at least fifty thousand dollars ($50,000), including any commercial loan made pursuant to such a commercial financing transaction.

(e) Any person who makes no more than one commercial financing transaction in California in a 12-month period or any person who makes five or fewer commercial financing transactions in California in a 12-month period that are incidental to the business of the person relying upon the exemption.