California § 1916.6. 1916.6. (Added by Stats. 1977, Ch. 575.)

California Statutes

§ 1916.6. — 1916.6. (Added by Stats. 1977, Ch. 575.)

California § 1916.6.

JurisdictionCalifornia

Code CIVCivil Code - CIV

Div. 3.DIVISION 3. OBLIGATIONS

Title4.

Part 4.TITLE 4. LOAN

Ch. 3.CHAPTER 3. Loan of Money

This text of California § 1916.6. (1916.6. (Added by Stats. 1977, Ch. 575.)) 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 § 1916.6. (2026).

Text

A security document, or evidence of debt issued in connection therewith, executed pursuant to Section 1916.5 may provide that the rate of interest shall not change until five years after execution of such document or documents, and not more frequently than every five years thereafter. In every security document, or evidence of debt issued in connection therewith, executed pursuant to this section all the provisions of Section 1916.5 shall be applicable, except those provisions specifying the frequency of interest rate changes and limiting rate changes to one-fourth of 1 percent in any semiannual period. For the purposes of this section “five years” means each of the
successive periods of five years commencing with the first day of the calendar month in which the instrument creating the obl

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A security document, or evidence of debt issued in connection therewith, executed pursuant to Section 1916.5 may provide that the rate of interest shall not change until five years after execution of such document or documents, and not more frequently than every five years thereafter. In every security document, or evidence of debt issued in connection therewith, executed pursuant to this section all the provisions of Section 1916.5 shall be applicable, except those provisions specifying the frequency of interest rate changes and limiting rate changes to one-fourth of 1 percent in any semiannual period. For the purposes of this section “five years” means each of the
successive periods of five years commencing with the first day of the calendar month in which the instrument creating the obligation is dated.