California Statutes
§ 28405. — 28405. (Added by Stats. 1998, Ch. 668, Sec. 3.)
California·Code CORP Corporations Code - CORP·Div. 3.·Title 4. DIVISION 3. CAPITAL ACCESS COMPANIES·Ch. 6. CHAPTER 6. Transaction of Business
This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution. The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution shall not apply to any evidence of indebtedness purchased by any licensee.
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California § 28405. (28405. (Added by Stats. 1998, Ch. 668, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.