California Statutes
§ 23060. — 23060. (Added by Stats. 2002, Ch. 777, Sec. 10.)
California § 23060.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 10.[DIVISION 10. CONSUMER FINANCE LENDERS]
Ch. 3.CHAPTER 3. Enforcement
Art. 2.ARTICLE 2. Penalties for Misconduct
This text of California § 23060. (23060. (Added by Stats. 2002, Ch. 777, Sec. 10.)) 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 § 23060. (2026).
Text
(a)If any amount other than, or in excess of, the charges or fees permitted by this division is willfully charged, contracted for, or received, a deferred deposit transaction contract shall be void, and no person shall have any right to collect or receive the principal amount provided in the deferred deposit transaction, any charges, or fees in connection with the transaction.
(b)If any provision of this division is willfully violated in the making
or collection of a deferred deposit transaction, the deferred deposit transaction contract shall be void, and no person shall have any right to collect or receive any amount provided in the deferred deposit transaction, any charges, or fees in connection with the transaction.
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Legislative History
Added by Stats. 2002, Ch. 777, Sec. 10. Effective January 1, 2003. Section operative on December 31, 2004, or sooner, pursuant to Section 23104.
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Bluebook (online)
California § 23060., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/23060..