California Business and Professions Code

§ 17820

BPC § 17820 Effective Jan 1, 2026Div. 7 · Part 3 · Ch. 4

Statute text

A seller that uses a fixed term installment contract entered into or modified on or after August 1, 2026, shall not charge an early termination fee or any similar fee in an amount greater than 30 percent of the total sum for which the consumer is obligated under the fixed term installment contract, exclusive of the application of the termination fee.

Legislative history

Added by Stats. 2025, Ch. 557, Sec. 1. (AB 483) Effective January 1, 2026.