California Financial Code

§ 22320.5

FIN § 22320.5 Effective Jan 1, 1999Div. 9 · Ch. 2 · Art. 3

(a)A licensee may contract for and receive a delinquency fee not in excess of one of the following amounts:

(1)For a period in default of not less than 10 days, an amount not in excess of ten dollars ($10).

(2)For a period in default of not less than 15 days, an amount not in excess of fifteen dollars ($15).

…

Legislative history

Added by Stats. 1998, Ch. 104, Sec. 2. Effective January 1, 1999.