California Statutes
§ 18221. — 18221. (Added by Stats. 1976, Ch. 964.)
California § 18221.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 3.CHAPTER 3. Loans and Purchased Obligations
Art. 2.ARTICLE 2. Terms and Maximum Charges
This text of California § 18221. (18221. (Added by Stats. 1976, Ch. 964.)) 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 § 18221. (2026).
Text
Nothing in this division shall prevent an industrial loan company from transacting loan contracts with different borrowers and from contracting for and receiving, up to and including the highest rate of charge permitted by this division at the time of making said loans; provided, however, that if any person is obligated to and does pay more than one loan contract outstanding at the same time, the entire amount of charges paid by such person and received by the industrial loan company on such loan contracts, shall not exceed the maximum that would be permitted by this division if all such loan contracts so paid were combined into one loan transaction.
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Legislative History
Added by Stats. 1976, Ch. 964.
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California § 18221., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18221..