California Statutes

§ 17820. — 17820. (Added by Stats. 2025, Ch. 557, Sec. 1.)

California·Code BPC Business and Professions Code - BPC·Div. 7. DIVISION 7. GENERAL BUSINESS REGULATIONS·Part 3. PART 3. REPRESENTATIONS TO THE PUBLIC·Ch. 4. CHAPTER 4. Fixed Term Installment Contracts
A seller that uses a fixed term installment contract entered into or modified on or after August 1, 2026, shall not charge an early termination fee or any similar fee in an amount greater than 30 percent of the total sum for which the consumer is obligated under the fixed term installment contract, exclusive of the application of the termination fee.

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California § 17820. (17820. (Added by Stats. 2025, Ch. 557, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2025, Ch. 557, Sec. 1. (AB 483) Effective January 1, 2026.
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