California Financial Code

§ 22307.5

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 22307.5 Effective Jan 1, 2020Div. 9 · Ch. 2 · Art. 3

Statute text

View on leginfo.ca.gov

A licensee shall not charge, impose, or receive any penalty for the prepayment of a loan. This section does not apply to a loan secured by real property.

Legislative history

Added by Stats. 2019, Ch. 708, Sec. 7. (AB 539) Effective January 1, 2020.