California § 18441. 18441. (Added by Stats. 1976, Ch. 964.)

California Statutes

§ 18441. — 18441. (Added by Stats. 1976, Ch. 964.)

California § 18441.

Code FINFinancial Code - FIN

Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES

Ch. 6.CHAPTER 6. Prohibited Practices and Penalties

This text of California § 18441. (18441. (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.

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Cal. Financial Code - FIN Code § 18441. (2026).

Text

No person in connection with or incidental to the making of any loan under this division, shall require the borrower to contract for, purchase, or agree to purchase anything in connection with the loan. A policy of insurance of the type specified in Article 6 (commencing with Section 18290) of Chapter 3 of this division is not prohibited by this section.
No person shall require a borrower to enter into any collateral sales agreement or contract except as expressly permitted by this division.

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No person in connection with or incidental to the making of any loan under this division, shall require the borrower to contract for, purchase, or agree to purchase anything in connection with the loan. A policy of insurance of the type specified in Article 6 (commencing with Section 18290) of Chapter 3 of this division is not prohibited by this section.
No person shall require a borrower to enter into any collateral sales agreement or contract except as expressly permitted by this division.

Legislative History

Added by Stats. 1976, Ch. 964.

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California § 18441., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18441..