Cal. Fin. Code § 18205

Current through the 2023 Legislative Session.

Section 18205 - Limitation on loan repayment period

Except as otherwise provided for in this division, an industrial loan company shall not make any loan or purchase or discount any other obligation that provides for a repayment of principal over more than 120 months and 30 days.

Ca. Fin. Code § 18205

Amended by Stats. 1988, Ch. 427, Sec. 1.