Cal. Code Regs. tit. 10 § 40.1600

Current through Register 2024 Notice Reg. No. 52, December 27, 2024

Section 40.1600 - Exceptions to Rules: Loans of $10,000 or More

The following provisions of these rules shall not apply to any loan of a bona fide principal amount of ten thousand dollars ($10,000) or more or to an industrial loan company in connection with any such loan provided the provisions of this section are not used for the purpose of evading the law or this Chapter: Sections 40.101, 40.302, 40.600, 40.605 to 40.609, inclusive, 40.611, 40.800 to 40.812, inclusive, 40.814, 40.900 to 40.906, inclusive, 40.1005, 40.1100, 40.1101 and 40.1103 to 40.1105, inclusive.

Cal. Code Regs. Tit. 10, § 40.1600

1. Change without regulatory effect adding new article 14 (sections 40.1600-40.1601) and renumbering and amending former section 1280 to new section 40.1600 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).

Note: Authority cited: Section 18347, Financial Code. Reference: Section 18191, Financial Code.