Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 3.: DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS/Ch. 4.: CHAPTER 4. Licensee Regulations/§ 12320.
California Statutes

§ 12320. — 12320. (Added by Stats. 1957, Ch. 498.)

California § 12320.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 3.DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS
Ch. 4.CHAPTER 4. Licensee Regulations

This text of California § 12320. (12320. (Added by Stats. 1957, Ch. 498.)) 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. Financial Code - FIN Code § 12320. (2026).

Text

A prorater shall deliver a copy of any contract or agreement between the prorater and a debtor to the debtor immediately after the debtor executes it, and the debtor’s copy shall be executed by the prorater. A contract shall not be effective until a debtor has made a payment to the prorater for distribution to his creditors.

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Legislative History

Added by Stats. 1957, Ch. 498.
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California § 12320., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/12320..