California Financial Code

§ 21200.5

FIN § 21200.5 Effective Jan 1, 2016Div. 8 · Ch. 2

Statute text

A pawnbroker may charge as prescribed in the following schedule: Schedule of Charges

(a)A charge not exceeding three dollars ($3) may be made on any loan for not more than three months which does not exceed nineteen dollars and ninety-nine cents ($19.99).

(b)A charge not exceeding six dollars ($6) may be made on any loan for not more than three months of twenty dollars ($20) or more, but not exceeding forty-nine dollars and ninety-nine cents ($49.99).

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Legislative history

Amended by Stats. 2015, Ch. 245, Sec. 3. (SB 285) Effective January 1, 2016.