Statute · California Financial Code
Cal. Fin. Code § 461 — Operations
Cal. Fin. Code § 461
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any debt due a licensee on which interest is past due and unpaid for the period of one year shall be charged off, unless the debt is well secured or is in process of collection.
Citator
Cal. Fin. Code § 461 — Operations is in force in the current edition of the Code, and nothing recorded condemns it.
Any debt due a licensee on which interest is past due and unpaid for the period of one year shall be charged off, unless the debt is well secured or is in process of collection.