California Civil Code

§ 1788.101

CIV § 1788.101 Effective Jan 1, 2021Div. 3 · Title 1.6C.10 · Part 4 · Ch. 1

(a)(1) A person shall not engage in abusive acts or practices when servicing a student loan in this state.

(2)An act or practice is abusive in connection with the servicing of a student loan, if the act or practice does either of the following:

(A)Materially interferes with the ability of a borrower to understand a term or condition of a student loan.

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Legislative history

Added by Stats. 2020, Ch. 154, Sec. 2. (AB 376) Effective January 1, 2021.