Statute · California Financial Code
Cal. Fin. Code § 4979.6 — Enforcement
Cal. Fin. Code § 4979.6
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2002-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A person who originates a covered loan shall not make a covered loan that finances points and fees in excess of one thousand dollars ($1,000) or 6 percent of the original principal balance, exclusive of points and fees, whichever is greater.
Citator
Cal. Fin. Code § 4979.6 — Enforcement is in force in the current edition of the Code, and nothing recorded condemns it.
A person who originates a covered loan shall not make a covered loan that finances points and fees in excess of one thousand dollars ($1,000) or 6 percent of the original principal balance, exclusive of points and fees, whichever is greater.