As used in this chapter, "principal balance" means the difference between the amount of the premium and fees charged by the insurer or producer and the downpayment on the premium.
Ca. Fin. Code § 18566
As used in this chapter, "principal balance" means the difference between the amount of the premium and fees charged by the insurer or producer and the downpayment on the premium.
Ca. Fin. Code § 18566