California Statutes

§ 18596. — 18596. (Amended by Stats. 2022, Ch. 452, Sec. 131.)

California § 18596.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 8.CHAPTER 8. Insurance Premium Financing
Art. 2.ARTICLE 2. General

This text of California § 18596. (18596. (Amended by Stats. 2022, Ch. 452, Sec. 131.)) 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 § 18596. (2026).

Text

A premium finance company may issue or sell investment certificates only (a) to its customers directly in connection with the financing of premiums for those customers, provided that the aggregate finance charges, including interest paid or not paid on those investment certificates, do not exceed those charges permitted under Section 18626 and (b) to any institutional investors, governmental agency, or instrumentality as the Commissioner of Financial Protection and Innovation may designate by rule.

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Legislative History

Amended by Stats. 2022, Ch. 452, Sec. 131. (SB 1498) Effective January 1, 2023.
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California § 18596., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18596..