California Statutes
§ 22307.5. — 22307.5. (Added by Stats. 2019, Ch. 708, Sec. 7.)
California·Code FIN Financial Code - FIN·Div. 9. DIVISION 9. CALIFORNIA FINANCING LAW·Ch. 2. CHAPTER 2. Consumer Loans·Art. 3. ARTICLE 3. Loan Regulations
A licensee shall not charge, impose, or receive any penalty for the prepayment of a loan. This section does not apply to a loan secured by real property.
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California § 22307.5. (22307.5. (Added by Stats. 2019, Ch. 708, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2019, Ch. 708, Sec. 7. (AB 539) Effective January 1, 2020.