California § 1802.7. 1802.7. (Amended by Stats. 1970, Ch. 546.)

California Statutes

§ 1802.7. — 1802.7. (Amended by Stats. 1970, Ch. 546.)

California § 1802.7.

JurisdictionCalifornia

Code CIVCivil Code - CIV

Div. 3.DIVISION 3. OBLIGATIONS

Title2.

Part 4.TITLE 2. CREDIT SALES

Ch. 1.CHAPTER 1. Retail Installment Sales

Art. 2.ARTICLE 2. Definitions

This text of California § 1802.7. (1802.7. (Amended by Stats. 1970, Ch. 546.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Civil Code - CIV Code § 1802.7. (2026).

Text

“Retail installment account” or “installment account” or “revolving account” means an account established by an agreement entered into in this state, pursuant to which the buyer promises to pay, in installments, to a retail seller, his outstanding balance incurred in retail installment sales, whether or not a security interest in the goods sold is retained by the seller, and which provides for a finance charge which is expressed as a percent of the periodic balances to accrue thereafter providing such charge is not capitalized or stated as a dollar amount in such agreement.

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“Retail installment account” or “installment account” or “revolving account” means an account established by an agreement entered into in this state, pursuant to which the buyer promises to pay, in installments, to a retail seller, his outstanding balance incurred in retail installment sales, whether or not a security interest in the goods sold is retained by the seller, and which provides for a finance charge which is expressed as a percent of the periodic balances to accrue thereafter providing such charge is not capitalized or stated as a dollar amount in such agreement.